# PPP loan: KYNER'S AUTO SALES, INCORPORATED
> **$558K** approved 04/10/2020 · Paid in Full · Loan `1513077102`
## Borrower
- **Name:** KYNER'S AUTO SALES, INCORPORATED
- **Address:** 2040 LINCOLN WAY EAST, CHAMBERSBURG, PA, 17202-3317
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $446K
- **Utilities:** $112K
- **Jobs reported:** 52
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*