# PPP loan: R & K EXCAVATION, INC.
> **$519K** approved 04/07/2020 · Paid in Full · Loan `6736437005`
## Borrower
- **Name:** R & K EXCAVATION, INC.
- **Address:** 10170 STATE ROUTE OO, BLOOMSDALE, MO, 63627-8966
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $348K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Rent:** $4K
- **Utilities:** $1K
- **Health care:** $15K
- **Debt interest:** $4K
- **Jobs reported:** 25
## Lender
- **Originating:** Bloomsdale Bank
- **Servicing:** Bloomsdale Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*