# PPP loan: STEPHENS EXCAVATING, INC.
> **$151K** approved 04/09/2020 · Paid in Full · Loan `9682597004`
## Borrower
- **Name:** STEPHENS EXCAVATING, INC.
- **Address:** 11010 Beckley Road, HAGERSTOWN, MD, 21740-7501
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Utilities:** $30K
- **Jobs reported:** 12
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*