# PPP loan: RAZORS EDGE GRADING AND EXCAVATION INC.
> **$415K** approved 05/01/2020 · Paid in Full · Loan `2525397705`
## Borrower
- **Name:** RAZORS EDGE GRADING AND EXCAVATION INC.
- **Address:** 15708 Olde Hwy 80, EL CAJON, CA, 92021
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Rent:** $4K
- **Utilities:** $1K
- **Health care:** $34K
- **Debt interest:** $44K
- **Jobs reported:** 31
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*