# PPP loan: SETCO INC.
> **$1.73M** approved 02/27/2021 · Paid in Full · Loan `5508588505`
## Borrower
- **Name:** SETCO INC.
- **Address:** 1803 NW Seminole Ave, Idabel, OK, 74745-6176
- **NAICS:** 326211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.73M
- **Utilities:** $1
- **Jobs reported:** 145
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*