# PPP loan: CHAO & KALMIYA INC
> **$188K** approved 03/25/2021 · Paid in Full · Loan `8781908608`
## Borrower
- **Name:** CHAO & KALMIYA INC
- **Address:** 416 E Austin St, Kermit, TX, 79745-3222
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** West Texas National Bank
- **Servicing:** West Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*