# PPP loan: SANDY EXCAVATING, INC.
> **$196K** approved 04/30/2020 · Paid in Full · Loan `7849707309`
## Borrower
- **Name:** SANDY EXCAVATING, INC.
- **Address:** 4230 RAY DR, LA PLATA, MD, 20646-5804
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (102%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 80
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*