# PPP loan: BURK ROYALTY CO. LTD
> **$800K** approved 01/23/2021 · Paid in Full · Loan `5006548308`
## Borrower
- **Name:** BURK ROYALTY CO. LTD
- **Address:** 4245 Kemp Blvd, Wichita Falls, TX, 76308-2824
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $809K (101%)
- **Forgiveness date:** 04/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $800K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*