# PPP loan: KEARNEY MACHINERY & SUPPLY, INC.
> **$244K** approved 04/07/2020 · Paid in Full · Loan `7315987002`
## Borrower
- **Name:** KEARNEY MACHINERY & SUPPLY, INC.
- **Address:** 124 CITATION CT, BIRMINGHAM, AL, 35209-6307
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 16
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*