# PPP loan: CTS EXCAVATIONS LLC
> **$394K** approved 01/27/2021 · Paid in Full · Loan `7001908309`
## Borrower
- **Name:** CTS EXCAVATIONS LLC
- **Address:** 1238 Porter Rd, Scottsboro, AL, 35768-3277
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $394K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*