# PPP loan: F&M CEMENT COMPANY INC
> **$219K** approved 04/08/2020 · Paid in Full · Loan `8760127005`
## Borrower
- **Name:** F&M CEMENT COMPANY INC
- **Address:** 38110 Abruzzi Dr, WESTLAND, MI, 48185-3278
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Mortgage interest:** $10K
- **Utilities:** $2K
- **Health care:** $15K
- **Jobs reported:** 7
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*