# PPP loan: HUTZEL'S CONCRETE CONSTRUCTION COMPANY
> **$243K** approved 04/08/2020 · Paid in Full · Loan `8334507009`
## Borrower
- **Name:** HUTZEL'S CONCRETE CONSTRUCTION COMPANY
- **Address:** 16800 TEAGUE RD, MALVERN, AR, 72104-9098
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $36K
- **Utilities:** $24K
- **Jobs reported:** 19
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*