# PPP loan: ELKHORN PAVING CONSTRUCTION CO., INC.
> **$151K** approved 04/28/2020 · Paid in Full · Loan `6416437202`
## Borrower
- **Name:** ELKHORN PAVING CONSTRUCTION CO., INC.
- **Address:** 702 W Benjamin Ave, NORFOLK, NE, 68701
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $15K
- **Utilities:** $5K
- **Debt interest:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** Elkhorn Valley Bank & Trust
- **Servicing:** Elkhorn Valley Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*