# PPP loan: TURNEY EXCAVATING INC
> **$426K** approved 05/01/2020 · Paid in Full · Loan `1568637700`
## Borrower
- **Name:** TURNEY EXCAVATING INC
- **Address:** 6761 SCISM RD NE, SILVERTON, OR, 97381
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $10K
- **Utilities:** $65K
- **Health care:** $45K
- **Debt interest:** $10K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*