# PPP loan: FRANKLIN'S EARTHMOVING, INC.
> **$3.53M** approved 04/10/2020 · Paid in Full · Loan `2488807109`
## Borrower
- **Name:** FRANKLIN'S EARTHMOVING, INC.
- **Address:** 700 Industrial Ave NE, ALBUQUERQUE, NM, 87107-2277
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.53M
- **Initial approval:** $3.53M
- **Forgiven:** $3.57M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.65M
- **Rent:** $441K
- **Utilities:** $441K
- **Jobs reported:** 266
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*