# PPP loan: KERR MACHINE COMPANY
> **$1.79M** approved 04/04/2020 · Paid in Full · Loan `4807947004`
## Borrower
- **Name:** KERR MACHINE COMPANY
- **Address:** 2214 W. 14TH ST, SULPHUR, OK, 73086-1107
- **NAICS:** 333996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.82M (102%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Utilities:** $179K
- **Jobs reported:** 201
## Lender
- **Originating:** First National Bank and Trust Company of Ardmore
- **Servicing:** First National Bank and Trust Company of Ardmore (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*