# PPP loan: KERMIT BROOME & SONS WOODCHIPPING, INC.
> **$237K** approved 04/06/2020 · Paid in Full · Loan `5787287003`
## Borrower
- **Name:** KERMIT BROOME & SONS WOODCHIPPING, INC.
- **Address:** 113 W BLACK CREEK RD, SUMRALL, MS, 39482-3839
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $207K
- **Utilities:** $30K
- **Jobs reported:** 41
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*