# PPP loan: KLEIMAN PUMP & WELL DRILLING INC
> **$159K** approved 04/05/2020 · Paid in Full · Loan `5158007008`
## Borrower
- **Name:** KLEIMAN PUMP & WELL DRILLING INC
- **Address:** 3994 State Highway M95, IRON MOUNTAIN, MI, 49801-9327
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $15K
- **Mortgage interest:** $5K
- **Utilities:** $9K
- **Jobs reported:** 15
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*