# PPP loan: KELLON E NEWLAND ET AL PTR
> **$318K** approved 04/07/2020 · Paid in Full · Loan `7548867002`
## Borrower
- **Name:** KELLON E NEWLAND ET AL PTR
- **Address:** 204 E. Main St., GRAYSON, KY, 41143-1304
- **NAICS:** 238210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Mortgage interest:** $40K
- **Utilities:** $40K
- **Jobs reported:** 25
## Lender
- **Originating:** The Commercial Bank of Grayson
- **Servicing:** The Commercial Bank of Grayson (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*