# PPP loan: KALARAMA INC
> **$188K** approved 04/14/2020 · Paid in Full · Loan `5823487100`
## Borrower
- **Name:** KALARAMA INC
- **Address:** 3187 MEADOW LN, ONA, WV, 25545-9592
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $19K
- **Utilities:** $19K
- **Jobs reported:** 21
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*