# PPP loan: D & M EXCAVATING INC.
> **$319K** approved 04/09/2020 · Paid in Full · Loan `9864467001`
## Borrower
- **Name:** D & M EXCAVATING INC.
- **Address:** 9896 West 300 North Building A, MICHIGAN CITY, IN, 46360-9017
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $319K
- **Initial approval:** $319K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Jobs reported:** 27
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*