# PPP loan: KENCO ELECTRIC INC
> **$388K** approved 02/22/2021 · Paid in Full · Loan `2791118505`
## Borrower
- **Name:** KENCO ELECTRIC INC
- **Address:** 3690 N Patterson Ave, Winston Salem, NC, 27105-3541
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $388K
- **Utilities:** $1
- **Jobs reported:** 78
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*