# PPP loan: KEN'S OIL SERVICE, INC.
> **$227K** approved 04/11/2020 · Paid in Full · Loan `2653597101`
## Borrower
- **Name:** KEN'S OIL SERVICE, INC.
- **Address:** 703 N Center, FORREST, IL, 61741-9999
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 13
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*