# PPP loan: KYNOCH ENVIRONMENTAL MANAGEMENT, INC.
> **$220K** approved 04/15/2020 · Paid in Full · Loan `1678167201`
## Borrower
- **Name:** KYNOCH ENVIRONMENTAL MANAGEMENT, INC.
- **Address:** 6935 Wisconsin Avenue, Suite 306, CHEVY CHASE, MD, 20815
- **NAICS:** 541620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $55K
- **Jobs reported:** 17
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*