# PPP loan: RICKETTS EXCAVATING INC
> **$171K** approved 04/07/2020 · Paid in Full · Loan `7607187000`
## Borrower
- **Name:** RICKETTS EXCAVATING INC
- **Address:** 230 HAMBURG RD SW, LANCASTER, OH, 43130-9040
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Utilities:** $34K
- **Jobs reported:** 12
## Lender
- **Originating:** The Vinton County National Bank
- **Servicing:** The Vinton County National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*