# PPP loan: KEYROCK ENERGY INC
> **$505K** approved 04/27/2020 · Paid in Full · Loan `4946287203`
## Borrower
- **Name:** KEYROCK ENERGY INC
- **Address:** 106 FERRELL AVE, KINGSPORT, TN, 37663-2370
- **NAICS:** 212111
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Mortgage interest:** $10K
- **Utilities:** $91K
- **Jobs reported:** 24
## Lender
- **Originating:** City National Bank of West Virginia
- **Servicing:** City National Bank of West Virginia (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*