# PPP loan: REAMES CONCRETE COMPANY INC.
> **$1.12M** approved 04/08/2020 · Paid in Full · Loan `8435567004`
## Borrower
- **Name:** REAMES CONCRETE COMPANY INC.
- **Address:** 1208 CYPRESS ST, VALDOSTA, GA, 31601-4907
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $895K
- **Rent:** $42K
- **Mortgage interest:** $14K
- **Utilities:** $20K
- **Health care:** $103K
- **Debt interest:** $47K
- **Jobs reported:** 102
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*