# PPP loan: KENAI DRILLING LIMITED
> **$3.13M** approved 04/09/2020 · Paid in Full · Loan `1121747103`
## Borrower
- **Name:** KENAI DRILLING LIMITED
- **Address:** PO BOX 2248, ORCUTT, CA, 93457
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.13M
- **Initial approval:** $3.13M
- **Forgiven:** $2.39M (76%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.13M
- **Jobs reported:** 183
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*