# PPP loan: DAVID H. MARTIN EXCAVATING, INCORPORATED
> **$2.52M** approved 04/06/2020 · Paid in Full · Loan `6418447002`
## Borrower
- **Name:** DAVID H. MARTIN EXCAVATING, INCORPORATED
- **Address:** 4961 CUMBERLAND HWY, CHAMBERSBURG, PA, 17202-9655
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.52M
- **Initial approval:** $2.52M
- **Forgiven:** $2.55M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.01M
- **Utilities:** $503K
- **Jobs reported:** 195
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*