# PPP loan: G&C EXCAVATORS INC
> **$1.02M** approved 04/05/2020 · Paid in Full · Loan `5244657000`
## Borrower
- **Name:** G&C EXCAVATORS INC
- **Address:** 6207 Bee Caves Rd Ste 265, AUSTIN, TX, 78746-5882
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $775K
- **Rent:** $54K
- **Utilities:** $12K
- **Health care:** $100K
- **Debt interest:** $76K
- **Jobs reported:** 64
## 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*