# PPP loan: EKERN HOME EQUIPMENT COMPANY, INC.
> **$326K** approved 04/04/2020 · Paid in Full · Loan `5057787009`
## Borrower
- **Name:** EKERN HOME EQUIPMENT COMPANY, INC.
- **Address:** 815 2nd Street So., BROOKINGS, SD, 57006-2129
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Mortgage interest:** $82K
- **Jobs reported:** 22
## Lender
- **Originating:** BankStar Financial
- **Servicing:** BankStar Financial (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*