# PPP loan: H & R EXCAVATING INC.
> **$248K** approved 04/12/2020 · Paid in Full · Loan `3696837106`
## Borrower
- **Name:** H & R EXCAVATING INC.
- **Address:** 283 REESE RD, STATE COLLEGE, PA, 16801-7550
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $254K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 31
## Lender
- **Originating:** Arize FCU
- **Servicing:** Arize FCU (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*