# PPP loan: W.W. THOMPSON CONCRETE PRODUCTS CO.
> **$482K** approved 04/07/2020 · Paid in Full · Loan `6654417006`
## Borrower
- **Name:** W.W. THOMPSON CONCRETE PRODUCTS CO.
- **Address:** 702 Industrial Road, BRAINERD, MN, 56401
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $484K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Rent:** $36K
- **Utilities:** $32K
- **Health care:** $28K
- **Jobs reported:** 24
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*