# PPP loan: LAFEVER EXCAVATING INC
> **$229K** approved 01/27/2021 · Paid in Full · Loan `7007738307`
## Borrower
- **Name:** LAFEVER EXCAVATING INC
- **Address:** 3135 County Highway 6, Bovina Center, NY, 13740-6613
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** The Delaware National Bank of Delhi
- **Servicing:** The Delaware National Bank of Delhi (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*