# PPP loan: PIZZA HUT OF DURANT, INC
> **$405K** approved 04/04/2020 · Paid in Full · Loan `4861147001`
## Borrower
- **Name:** PIZZA HUT OF DURANT, INC
- **Address:** 1529 24TH AVE SW, NORMAN, OK, 73072-5708
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Rent:** $40K
- **Utilities:** $12K
- **Health care:** $49K
- **Jobs reported:** 86
## Lender
- **Originating:** Armstrong Bank
- **Servicing:** Armstrong Bank (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*