# PPP loan: WEAVER PRECAST, INC.
> **$616K** approved 04/15/2020 · Paid in Full · Loan `8935207106`
## Borrower
- **Name:** WEAVER PRECAST, INC.
- **Address:** 824 East Main Street, Ephrata, PA, 17522
- **NAICS:** 327390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $471K
- **Rent:** $117K
- **Utilities:** $5K
- **Health care:** $24K
- **Jobs reported:** 46
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*