# PPP loan: DALE LOWDEN EXCAVATING, INC.
> **$750K** approved 04/04/2020 · Paid in Full · Loan `5014307005`
## Borrower
- **Name:** DALE LOWDEN EXCAVATING, INC.
- **Address:** 3310 YARRINGTON RD, SAN MARCOS, TX, 78666-9332
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $755K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $693K
- **Rent:** $26K
- **Utilities:** $600
- **Health care:** $14K
- **Debt interest:** $17K
- **Jobs reported:** 62
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*