# PPP loan: KEEL POINT, LLC
> **$1.16M** approved 04/05/2020 · Paid in Full · Loan `5137177003`
## Borrower
- **Name:** KEEL POINT, LLC
- **Address:** 100 CHURCH ST, Ste 500, HUNTSVILLE, AL, 35801-4956
- **NAICS:** 541611
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $972K
- **Rent:** $173K
- **Mortgage interest:** $9K
- **Utilities:** $6K
- **Jobs reported:** 74
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*