# PPP loan: KORENERGY, LTD
> **$162K** approved 05/01/2020 · Exemption 4 · Loan `1297657801`
## Borrower
- **Name:** KORENERGY, LTD
- **Address:** 3555 COPTHORNE DR, GALENA, OH, 43021-9562
- **NAICS:** 444110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $96K (59%)
- **Forgiveness date:** 12/08/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 2
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*