# PPP loan: KOOLER ICE INC
> **$506K** approved 04/27/2020 · Paid in Full · Loan `3821607205`
## Borrower
- **Name:** KOOLER ICE INC
- **Address:** 510 DUNBAR RD, BYRON, GA, 31008-7675
- **NAICS:** 423440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Rent:** $24K
- **Utilities:** $5K
- **Health care:** $20K
- **Jobs reported:** 37
## Lender
- **Originating:** Morris Bank
- **Servicing:** Morris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*