# PPP loan: XCAVATORS, INC.
> **$505K** approved 01/14/2021 · Paid in Full · Loan `9949418210`
## Borrower
- **Name:** XCAVATORS, INC.
- **Address:** 20831A Highway 15, Falkner, MS, 38629-9123
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $505K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*