# PPP loan: MIDWEST CONCRETE, INC.
> **$321K** approved 04/09/2020 · Paid in Full · Loan `9025217006`
## Borrower
- **Name:** MIDWEST CONCRETE, INC.
- **Address:** 9835 COTTINGHAM RD, PEOSTA, IA, 52068-7028
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Rent:** $13K
- **Utilities:** $1K
- **Jobs reported:** 45
## Lender
- **Originating:** Fidelity Bank & Trust
- **Servicing:** Fidelity Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*