# PPP loan: PRIME EXCAVAING, INC.
> **$439K** approved 04/04/2020 · Paid in Full · Loan `4608977010`
## Borrower
- **Name:** PRIME EXCAVAING, INC.
- **Address:** 148 West Industrial Road, WASHINGTON, UT, 84780-2203
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $443K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Rent:** $7K
- **Utilities:** $1K
- **Jobs reported:** 35
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*