# PPP loan: EASTERN EXCAVATING AND GRADING INC.
> **$284K** approved 04/13/2020 · Paid in Full · Loan `4474127104`
## Borrower
- **Name:** EASTERN EXCAVATING AND GRADING INC.
- **Address:** 1352 Odenton Road, ODENTON, MD, 21113-1691
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $9K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*