# PPP loan: JKJ CONCRETE INC.
> **$246K** approved 04/27/2020 · Paid in Full · Loan `5988117201`
## Borrower
- **Name:** JKJ CONCRETE INC.
- **Address:** 1154 WEST OLD PHILADELPHIA RD, NORTH EAST, MD, 21901-3226
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $62K
- **Jobs reported:** 24
## Lender
- **Originating:** Cecil Bank
- **Servicing:** Cecil Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*