# PPP loan: KRETSCHMAR & SMITH INC.
> **$899K** approved 05/18/2021 · Paid in Full · Loan `2788949001`
## Borrower
- **Name:** KRETSCHMAR & SMITH INC.
- **Address:** 6293 Pedley Rd, Jurupa Valley, CA, 92509-6002
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $899K
- **Initial approval:** $899K
- **Forgiven:** $906K (101%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $899K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*