# PPP loan: CHUCK'S BACKHOE SERVICE INC
> **$500K** approved 04/15/2020 · Paid in Full · Loan `9552437102`
## Borrower
- **Name:** CHUCK'S BACKHOE SERVICE INC
- **Address:** 2301 NW 15TH CT, POMPANO BEACH, FL, 33069-1518
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $577K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Rent:** $2K
- **Utilities:** $1K
- **Jobs reported:** 47
## Lender
- **Originating:** Paradise Bank
- **Servicing:** Paradise Bank (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*