# PPP loan: AL'S EXCAVATING INC.
> **$247K** approved 03/20/2021 · Paid in Full · Loan `5231498607`
## Borrower
- **Name:** AL'S EXCAVATING INC.
- **Address:** 4515 134th Ave, Hamilton, MI, 49419-9532
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*