# PPP loan: AMERICAN BLOCK COMPANY
> **$1.53M** approved 04/13/2020 · Paid in Full · Loan `5602747102`
## Borrower
- **Name:** AMERICAN BLOCK COMPANY
- **Address:** 6311 BREEN ROAD, HOUSTON, TX, 77086-3836
- **NAICS:** 333132
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 112
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*