# PPP loan: KAY BUILDERS INC
> **$2.00M** approved 01/20/2021 · Exemption 4 · Loan `2175488300`
## Borrower
- **Name:** KAY BUILDERS INC
- **Address:** 5930 Hamilton Blvd Ste 10, Allentown, PA, 18106-9654
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.91M (95%)
- **Forgiveness date:** 02/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 148
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*