# PPP loan: BALASCIO EXCAVATING
> **$169K** approved 06/22/2020 · Exemption 4 · Loan `1614438000`
## Borrower
- **Name:** BALASCIO EXCAVATING
- **Address:** po box 834, PLUMSTEADVILLE, PA, 18949
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $155K (92%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 10
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*