# PPP loan: PAULSON EXCAVATING, INC
> **$411K** approved 04/13/2020 · Paid in Full · Loan `5564457107`
## Borrower
- **Name:** PAULSON EXCAVATING, INC
- **Address:** 32700 ALBION RIDGE ROAD, ALBION, CA, 95410-9756
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 21
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*