# PPP loan: KEPCO, INC.
> **$1.16M** approved 04/10/2020 · Paid in Full · Loan `1603087109`
## Borrower
- **Name:** KEPCO, INC.
- **Address:** 131-38 Sanford Avenue 0.0, Flushing, NY, 11355-4231
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $867K
- **Rent:** $120K
- **Utilities:** $35K
- **Health care:** $99K
- **Debt interest:** $36K
- **Jobs reported:** 107
## 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*