# PPP loan: PALMA PAVING & CONCRETE INC
> **$154K** approved 05/02/2020 · Paid in Full · Loan `9701477304`
## Borrower
- **Name:** PALMA PAVING & CONCRETE INC
- **Address:** 13494 SW 263RD TER, HOMESTEAD, FL, 33032
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $137K (89%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 20
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*