# PPP loan: SOUTHWEST CONCRETE CONSTRUCTION, INC.
> **$1.06M** approved 04/06/2020 · Paid in Full · Loan `5816867000`
## Borrower
- **Name:** SOUTHWEST CONCRETE CONSTRUCTION, INC.
- **Address:** 2408 Parkland ave, ARTESIA, NM, 88210-9416
- **NAICS:** 327320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.08M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $979K
- **Rent:** $71K
- **Mortgage interest:** $10K
- **Jobs reported:** 85
## Lender
- **Originating:** Western Bank, Artesia, New Mexico
- **Servicing:** Western Bank, Artesia, New Mexico (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*