# PPP loan: RAYMOND EXCAVATING COMPANY
> **$597K** approved 04/14/2020 · Paid in Full · Loan `6915847103`
## Borrower
- **Name:** RAYMOND EXCAVATING COMPANY
- **Address:** 800 Gratiot Blvd, MARYSVILLE, MI, 48040-1127
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $597K
- **Initial approval:** $597K
- **Forgiven:** $604K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $597K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*