# PPP loan: NEEDHAM EXCAVATING INC
> **$397K** approved 02/23/2021 · Paid in Full · Loan `3187918507`
## Borrower
- **Name:** NEEDHAM EXCAVATING INC
- **Address:** 137 N Main St, Walcott, IA, 52773-9654
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $397K
- **Jobs reported:** 33
## Lender
- **Originating:** De Witt Bank & Trust Co.
- **Servicing:** De Witt Bank & Trust Co. (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*