# PPP loan: EASTERN CONCRETE FOUNDATION, INC
> **$262K** approved 03/12/2021 · Paid in Full · Loan `9878618507`
## Borrower
- **Name:** EASTERN CONCRETE FOUNDATION, INC
- **Address:** 7950 Penn Randall Pl, Upper Marlboro, MD, 20772-2627
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 20
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*