# PPP loan: CAPITAL EXCAVATION COMPANY
> **$3.84M** approved 04/09/2020 · Paid in Full · Loan `9988127006`
## Borrower
- **Name:** CAPITAL EXCAVATION COMPANY
- **Address:** 2967 BUSINESS PARK DR BUDA, BUDA, TX, 78610-5905
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.84M
- **Initial approval:** $3.84M
- **Forgiven:** $3.89M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.48M
- **Rent:** $25K
- **Health care:** $313K
- **Debt interest:** $15K
- **Jobs reported:** 321
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*