# PPP loan: RACK & BALLAUER EXCAVATING CO., INC
> **$1.13M** approved 04/12/2020 · Paid in Full · Loan `4014707100`
## Borrower
- **Name:** RACK & BALLAUER EXCAVATING CO., INC
- **Address:** 11321 Paddys Run Rd, HAMILTON, OH, 45013-9403
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 162
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*