# PPP loan: CITY READY MIX INC
> **$540K** approved 04/14/2020 · Paid in Full · Loan `6464877101`
## Borrower
- **Name:** CITY READY MIX INC
- **Address:** 1810 W MANN RD, LAREDO, TX, 78041
- **NAICS:** 327310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $530K (98%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $349K
- **Health care:** $191K
- **Jobs reported:** 56
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*