# PPP loan: J & R EXCAVATING INC.
> **$492K** approved 01/23/2021 · Paid in Full · Loan `4895748303`
## Borrower
- **Name:** J & R EXCAVATING INC.
- **Address:** 433 J and R Dr, Moundsville, WV, 26041-2679
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*