# PPP loan: RANDY HOSTETTER EXCAVATING, LLC
> **$277K** approved 04/10/2020 · Paid in Full · Loan `2024317106`
## Borrower
- **Name:** RANDY HOSTETTER EXCAVATING, LLC
- **Address:** 289 Greenhouse Rd., LEXINGTON, VA, 24450-3777
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Mortgage interest:** $55K
- **Utilities:** $14K
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of Botetourt
- **Servicing:** Bank of Botetourt (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*