# PPP loan: RECTOR EXCAVATING INC.
> **$232K** approved 03/20/2021 · Paid in Full · Loan `5761638609`
## Borrower
- **Name:** RECTOR EXCAVATING INC.
- **Address:** 9561 E Bend Rd, Burlington, KY, 41005-8637
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $233K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 18
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*