# PPP loan: ABC LANDSCAPING & EXCAVATION, INC
> **$1.87M** approved 04/29/2020 · Charged Off · Loan `4269507308`
## Borrower
- **Name:** ABC LANDSCAPING & EXCAVATION, INC
- **Address:** 630 1A OLD ROBERTS RD, BENSON, NC, 27504-8027
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.64M (88%)
- **Forgiveness date:** 03/05/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $1.49M
- **Mortgage interest:** $95K
- **Utilities:** $95K
- **Health care:** $183K
- **Jobs reported:** 106
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*