# PPP loan: SUBMERSIBLE PUMPS INC.
> **$686K** approved 04/04/2020 · Paid in Full · Loan `4901377006`
## Borrower
- **Name:** SUBMERSIBLE PUMPS INC.
- **Address:** 1800 S LITTLE AVE, CUSHING, OK, 74023-4854
- **NAICS:** 333914
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $686K
- **Initial approval:** $686K
- **Forgiven:** $692K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $549K
- **Rent:** $34K
- **Mortgage interest:** $69K
- **Utilities:** $34K
- **Jobs reported:** 65
## Lender
- **Originating:** Community National Bank & Trust
- **Servicing:** Community National Bank & Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*