# PPP loan: KNAPP ENGINEERING, INC.
> **$234K** approved 04/10/2020 · Paid in Full · Loan `2071817106`
## Borrower
- **Name:** KNAPP ENGINEERING, INC.
- **Address:** 20 INDUSTRIAL RD PO BOX 7057, PROSPECT, CT, 06712-1018
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 15
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*