# PPP loan: KARL'S EXCAVATING, INC.
> **$162K** approved 04/04/2020 · Paid in Full · Loan `4734627000`
## Borrower
- **Name:** KARL'S EXCAVATING, INC.
- **Address:** 327 River Drive, HADLEY, MA, 01035-9622
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $790K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 5
## Lender
- **Originating:** bankESB
- **Servicing:** bankESB (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*