# PPP loan: STUDI-BILT STORAGE BARNS, INC.
> **$441K** approved 04/04/2020 · Paid in Full · Loan `4681237007`
## Borrower
- **Name:** STUDI-BILT STORAGE BARNS, INC.
- **Address:** 3909 STACY RD, HUTCHINSON, KS, 67501-7828
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Rent:** $44K
- **Utilities:** $44K
- **Jobs reported:** 42
## Lender
- **Originating:** The First National Bank of Hutchinson
- **Servicing:** The First National Bank of Hutchinson (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*