# PPP loan: KINNEY MOTORS, LTD
> **$944K** approved 04/10/2020 · Paid in Full · Loan `1308447107`
## Borrower
- **Name:** KINNEY MOTORS, LTD
- **Address:** 176 US Route 7 S 0.0, Rutland, VT, 05701-4723
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $944K
- **Initial approval:** $944K
- **Forgiven:** $958K (102%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Mortgage interest:** $30K
- **Utilities:** $14K
- **Health care:** $50K
- **Jobs reported:** 61
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*