# PPP loan: PALO ALTO CONCRETE & CONSTRUCTION INC.
> **$771K** approved 05/01/2020 · Paid in Full · Loan `8728177706`
## Borrower
- **Name:** PALO ALTO CONCRETE & CONSTRUCTION INC.
- **Address:** P. O. Box 300, Palo Alto, CA, 94302
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $771K
- **Initial approval:** $771K
- **Forgiven:** $779K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $771K
- **Jobs reported:** 65
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*