# PPP loan: FAY & WRIGHT EXCAVATING INC
> **$575K** approved 01/23/2021 · Paid in Full · Loan `4773498302`
## Borrower
- **Name:** FAY & WRIGHT EXCAVATING INC
- **Address:** 664 Sharon Tpke, Goshen, CT, 06756-1305
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $575K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*