# PPP loan: CONSTRUCTION MATERIALS, INC.
> **$811K** approved 04/06/2020 · Paid in Full · Loan `6006387001`
## Borrower
- **Name:** CONSTRUCTION MATERIALS, INC.
- **Address:** 6725 OXFORD ST, MINNEAPOLIS, MN, 55426-4411
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $811K
- **Initial approval:** $811K
- **Forgiven:** $816K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $811K
- **Jobs reported:** 54
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*