# PPP loan: BANNING CONTRACTING SERVICES INC
> **$416K** approved 04/14/2020 · Paid in Full · Loan `7067147106`
## Borrower
- **Name:** BANNING CONTRACTING SERVICES INC
- **Address:** 12028 S NORWOOD AVE STE 300, TULSA, OK, 74137-5539
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Rent:** $15K
- **Utilities:** $2K
- **Health care:** $20K
- **Debt interest:** $25K
- **Jobs reported:** 36
## Lender
- **Originating:** Regent Bank
- **Servicing:** Regent Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*