# PPP loan: CHASE EXCAVATING, INC.
> **$272K** approved 04/10/2020 · Paid in Full · Loan `2554037102`
## Borrower
- **Name:** CHASE EXCAVATING, INC.
- **Address:** 56 Gray Rd, FALMOUTH, ME, 04105-2020
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 16
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*