# PPP loan: J&J EXCUVATING & MATERIALS CO.
> **$431K** approved 05/20/2020 · Paid in Full · Loan `9660767409`
## Borrower
- **Name:** J&J EXCUVATING & MATERIALS CO.
- **Address:** 7236 N US HWY 83, Crystal City, TX, 78839
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Jobs reported:** 38
## Lender
- **Originating:** First State Bank of Uvalde
- **Servicing:** First State Bank of Uvalde (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*