# PPP loan: AMERICAN EXCAVATING CORP.
> **$619K** approved 02/18/2021 · Paid in Full · Loan `9948558400`
## Borrower
- **Name:** AMERICAN EXCAVATING CORP.
- **Address:** 5 Madden Rd, Derry, NH, 03038-2245
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $626K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $619K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*