# PPP loan: KB PHOENIX EXCAVATION, LLC.
> **$176K** approved 04/28/2020 · Charged Off · Loan `7144847207`
## Borrower
- **Name:** KB PHOENIX EXCAVATION, LLC.
- **Address:** 1205 S STATE HIGHWAY 16, FREDERICKSBURG, TX, 78624-9441
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $32K (18%)
- **Forgiveness date:** 08/09/2021
- **Status:** Charged Off
- **Term:** 180 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 15
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*