# PPP loan: JONES EXCAVATING COMPANY, INC
> **$1.57M** approved 04/10/2020 · Paid in Full · Loan `2581847104`
## Borrower
- **Name:** JONES EXCAVATING COMPANY, INC
- **Address:** 5633 W. Axel Park Road, WEST JORDAN, UT, 84081-5662
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 88
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*