# PPP loan: JEFFERSON CONCRETE CORP.
> **$487K** approved 04/06/2020 · Paid in Full · Loan `5794757000`
## Borrower
- **Name:** JEFFERSON CONCRETE CORP.
- **Address:** 22850 COUNTY ROUTE 51, WATERTOWN, NY, 13601-5005
- **NAICS:** 327390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $466K
- **Utilities:** $10K
- **Debt interest:** $11K
- **Jobs reported:** 45
## Lender
- **Originating:** Watertown Savings Bank
- **Servicing:** Watertown Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*