# PPP loan: MIDLAND CONCRETE PRODUCTS, LLC
> **$251K** approved 04/10/2020 · Paid in Full · Loan `1794067105`
## Borrower
- **Name:** MIDLAND CONCRETE PRODUCTS, LLC
- **Address:** 650 12TH AVE SW, CEDAR RAPIDS, IA, 52404-1962
- **NAICS:** 327390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 26
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*