# PPP loan: VARNELL'S POWERLINE CONSTRUCTION COMPANY, INC
> **$245K** approved 04/04/2020 · Paid in Full · Loan `4855097003`
## Borrower
- **Name:** VARNELL'S POWERLINE CONSTRUCTION COMPANY, INC
- **Address:** 12062 N 1860 RD, SAYRE, OK, 73662-7301
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 16
## Lender
- **Originating:** Great Plains National Bank
- **Servicing:** Great Plains National Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*