# PPP loan: LUCAS CONCRETE PRODUCTS, INC.
> **$265K** approved 04/15/2020 · Paid in Full · Loan `9822917105`
## Borrower
- **Name:** LUCAS CONCRETE PRODUCTS, INC.
- **Address:** 401 ROUNTREE RD, CHARLOTTE, NC, 28217-2130
- **NAICS:** 327390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $39K
- **Utilities:** $13K
- **Debt interest:** $2K
- **Jobs reported:** 22
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*