# PPP loan: R & R EXCAVATING INC
> **$681K** approved 04/15/2020 · Paid in Full · Loan `9366427106`
## Borrower
- **Name:** R & R EXCAVATING INC
- **Address:** 2010 WENT AVE, MISHAWAKA, IN, 46545-6447
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $689K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $662K
- **Mortgage interest:** $12K
- **Utilities:** $8K
- **Jobs reported:** 27
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*