# PPP loan: SHIPPS EXCAVATING AND GRADING INC.
> **$154K** approved 04/10/2020 · Paid in Full · Loan `2578717110`
## Borrower
- **Name:** SHIPPS EXCAVATING AND GRADING INC.
- **Address:** 438 Pendleton Dr, VENICE, FL, 34292-3914
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 6
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*