# PPP loan: KRAAI WELL DRILLING & WATER SOFTENING INC
> **$257K** approved 04/27/2020 · Paid in Full · Loan `4277877205`
## Borrower
- **Name:** KRAAI WELL DRILLING & WATER SOFTENING INC
- **Address:** 110 124th Ave, Shelbyville, MI, 49344
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $261K (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 21
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*