# PPP loan: MATT SHAW CONCRETE, INC.
> **$262K** approved 04/14/2020 · Paid in Full · Loan `6948067101`
## Borrower
- **Name:** MATT SHAW CONCRETE, INC.
- **Address:** 274 S Fairview Ave, GOLETA, CA, 93117-3661
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $307K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $3K
- **Utilities:** $220
- **Health care:** $376.83
- **Debt interest:** $2K
- **Jobs reported:** 26
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*