# PPP loan: FOLSOM READY MIX INC.
> **$1.45M** approved 04/28/2020 · Paid in Full · Loan `6959457204`
## Borrower
- **Name:** FOLSOM READY MIX INC.
- **Address:** 3401 Fitzgerald Road, Rancho Cordova, CA, 95765
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 120
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*