# PPP loan: KLABEN AUTOMOTIVE GROUP, INC.
> **$742K** approved 04/10/2020 · Paid in Full · Loan `2203587101`
## Borrower
- **Name:** KLABEN AUTOMOTIVE GROUP, INC.
- **Address:** 1106 West Main Street, KENT, OH, 44240-2008
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $742K
- **Initial approval:** $742K
- **Forgiven:** $747K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Jobs reported:** 45
## 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*