# PPP loan: KE GUTRIDGE LLC
> **$5.02M** approved 04/10/2020 · Charged Off · Loan `1176767106`
## Borrower
- **Name:** KE GUTRIDGE LLC
- **Address:** 88 South 2nd Street, Newark, OH, 43055
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.02M
- **Initial approval:** $5.02M
- **Forgiven:** $4.85M (97%)
- **Forgiveness date:** 11/18/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $5.02M
- **Jobs reported:** 342
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*