# PPP loan: D&R EXCAVATING, INC.
> **$507K** approved 04/14/2020 · Paid in Full · Loan `7164037110`
## Borrower
- **Name:** D&R EXCAVATING, INC.
- **Address:** 7210 S STATE ROAD 267, LEBANON, IN, 46052-8114
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $493K (97%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $494K
- **Rent:** $9K
- **Utilities:** $4K
- **Jobs reported:** 45
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*