# PPP loan: HOFFMAN & HOFFMAN TRENCHING INC
> **$226K** approved 04/24/2021 · Paid in Full · Loan `9840848805`
## Borrower
- **Name:** HOFFMAN & HOFFMAN TRENCHING INC
- **Address:** 3822 W Airline Hwy, Waterloo, IA, 50703-9597
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 20
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*