# PPP loan: KPG AUTOMATION LLC
> **$260K** approved 05/01/2020 · Paid in Full · Loan `1481987708`
## Borrower
- **Name:** KPG AUTOMATION LLC
- **Address:** 500 Captain Neville Dr, Waterbury, CT, 06705
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $16K
- **Utilities:** $11K
- **Health care:** $11K
- **Jobs reported:** 10
## 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*