# PPP loan: REGIONAL CONCRETE CUTTING, INC
> **$176K** approved 04/09/2020 · Paid in Full · Loan `9715997003`
## Borrower
- **Name:** REGIONAL CONCRETE CUTTING, INC
- **Address:** 6799 10TH AVE SW Ste #3, ROCHESTER, MN, 55902-2511
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $23K
- **Utilities:** $3K
- **Jobs reported:** 10
## Lender
- **Originating:** F & M Community Bank, National Association
- **Servicing:** F & M Community Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*