# PPP loan: KELP MANAGEMENT, INC
> **$420K** approved 04/05/2020 · Paid in Full · Loan `5530867005`
## Borrower
- **Name:** KELP MANAGEMENT, INC
- **Address:** 510 E 3RD ST, WHITE DEER, TX, 79097-9802
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 13
## Lender
- **Originating:** Amarillo National Bank
- **Servicing:** Amarillo National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*