# PPP loan: LA EXCAVATING INC
> **$262K** approved 03/16/2021 · Paid in Full · Loan `3042518602`
## Borrower
- **Name:** LA EXCAVATING INC
- **Address:** 6475 E Pacific Coast Hwy # 428, Long Beach, CA, 90803-4201
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 8
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*