# PPP loan: REAMES + SON CONST CO INC
> **$1.51M** approved 04/08/2020 · Paid in Full · Loan `8467027000`
## Borrower
- **Name:** REAMES + SON CONST CO 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:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Rent:** $10K
- **Utilities:** $50K
- **Health care:** $100K
- **Debt interest:** $8K
- **Jobs reported:** 115
## 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*