# PPP loan: NEW ERA EXCAVATION COMPANY
> **$307K** approved 04/03/2020 · Paid in Full · Loan `4539997000`
## Borrower
- **Name:** NEW ERA EXCAVATION COMPANY
- **Address:** 9303 IDA ST, OMAHA, NE, 68122-1240
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 25
## Lender
- **Originating:** Malvern Bank
- **Servicing:** Malvern Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*