# PPP loan: H3 CONCRETE, INC.
> **$247K** approved 04/14/2020 · Paid in Full · Loan `7068797104`
## Borrower
- **Name:** H3 CONCRETE, INC.
- **Address:** 1800 E. Joe Orr Road, Chicago Heights, IL, 60411
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Health care:** $89K
- **Jobs reported:** 15
## Lender
- **Originating:** Providence Bank & Trust
- **Servicing:** Providence Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*