# PPP loan: KERNS CONSTRUCTION, INC.
> **$284K** approved 04/11/2020 · Paid in Full · Loan `2862767100`
## Borrower
- **Name:** KERNS CONSTRUCTION, INC.
- **Address:** 1628 PO Box 1628, STILLWATER, OK, 74076
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Utilities:** $3K
- **Health care:** $68K
- **Jobs reported:** 31
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*