# PPP loan: MARTIN & COMPANY EXCAVATING
> **$1.73M** approved 04/14/2020 · Paid in Full · Loan `7035767110`
## Borrower
- **Name:** MARTIN & COMPANY EXCAVATING
- **Address:** 2456 E Pleasant Grove Road, OREGON, IL, 61061
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.73M
- **Jobs reported:** 51
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*