# PPP loan: SCORPIO EXCAVATING INC
> **$406K** approved 05/01/2020 · Exemption 4 · Loan `9291187710`
## Borrower
- **Name:** SCORPIO EXCAVATING INC
- **Address:** 909 W EUCLID AVE UNIT 111, ARLINGTON HEIGHTS, IL, 60006
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $29K (7%)
- **Forgiveness date:** 05/21/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $406K
- **Jobs reported:** 12
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*