# PPP loan: RAY SHOWMAN JR. EXCAVATING, INC.
> **$342K** approved 01/25/2021 · Paid in Full · Loan `5136388306`
## Borrower
- **Name:** RAY SHOWMAN JR. EXCAVATING, INC.
- **Address:** 12671 Route 19 S, Waterford, PA, 16441-9028
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 12/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*