# PPP loan: TLS CUSTOM CONCRETE INC
> **$196K** approved 04/07/2020 · Paid in Full · Loan `6822667000`
## Borrower
- **Name:** TLS CUSTOM CONCRETE INC
- **Address:** 24042 99TH ST NW, ELK RIVER, MN, 55330-5515
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Jobs reported:** 13
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*