# PPP loan: KILLON & SONS WELL SERVICE INC
> **$474K** approved 04/07/2020 · Paid in Full · Loan `7558337000`
## Borrower
- **Name:** KILLON & SONS WELL SERVICE INC
- **Address:** 2323 E US HIGHWAY 84, PALESTINE, TX, 75801-1419
- **NAICS:** 211120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Mortgage interest:** $47K
- **Utilities:** $47K
- **Jobs reported:** 48
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*