# PPP loan: STARK EXCAVATING, INC
> **$5.79M** approved 04/07/2020 · Paid in Full · Loan `7373447002`
## Borrower
- **Name:** STARK EXCAVATING, INC
- **Address:** 1805 W WASHINGTON ST, BLOOMINGTON, IL, 61701-3703
- **NAICS:** 237210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.79M
- **Initial approval:** $5.79M
- **Forgiven:** $5.86M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.34M
- **Rent:** $723K
- **Utilities:** $723K
- **Jobs reported:** 279
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*