# PPP loan: STILO EXCAVATION INC.
> **$577K** approved 04/14/2020 · Paid in Full · Loan `7200067106`
## Borrower
- **Name:** STILO EXCAVATION INC.
- **Address:** 2907 S. Clinton Ave, SOUTH PLAINFIELD, NJ, 07080
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $577K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Jobs reported:** 31
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*