# PPP loan: KRAUS MANAGEMENT, INC.
> **$4.33M** approved 04/10/2020 · Paid in Full · Loan `2309927105`
## Borrower
- **Name:** KRAUS MANAGEMENT, INC.
- **Address:** 33-01 Vernon Blvd 0.0, Long Island City, NY, 11106-4928
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.33M
- **Initial approval:** $4.33M
- **Forgiven:** $4.39M (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.25M
- **Mortgage interest:** $120K
- **Utilities:** $175K
- **Health care:** $788K
- **Jobs reported:** 376
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*