# PPP loan: KLABEN FORD LINCOLN, INC.
> **$1.75M** approved 04/10/2020 · Paid in Full · Loan `2107677104`
## Borrower
- **Name:** KLABEN FORD LINCOLN, INC.
- **Address:** 1089 West Main Street, KENT, OH, 44240-1995
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.65M (94%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Jobs reported:** 114
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*