# PPP loan: KARSTEN, INC.
> **$354K** approved 04/09/2020 · Paid in Full · Loan `9501727008`
## Borrower
- **Name:** KARSTEN, INC.
- **Address:** 148 CHESTERFIELD INDUSTRIAL BLVD Ste. A, CHESTERFIELD, MO, 63005-1220
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $53K
- **Utilities:** $18K
- **Health care:** $18K
- **Jobs reported:** 22
## Lender
- **Originating:** Lindell Bank & Trust Company
- **Servicing:** Lindell Bank & Trust Company (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*