# PPP loan: RASMUSSEN EXCAVATION, LLC
> **$317K** approved 04/07/2020 · Paid in Full · Loan `6767957000`
## Borrower
- **Name:** RASMUSSEN EXCAVATION, LLC
- **Address:** 1199 N 520 E, SALINA, UT, 84654-1199
- **NAICS:** 324121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $63K
- **Jobs reported:** 30
## Lender
- **Originating:** Utah Independent Bank
- **Servicing:** Utah Independent Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*