# PPP loan: KELLEX CORPORATION
> **$2.00M** approved 02/22/2021 · Paid in Full · Loan `2929448503`
## Borrower
- **Name:** KELLEX CORPORATION
- **Address:** 501 Hoyle St SW, Valdese, NC, 28690-2605
- **NAICS:** 337127
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (102%)
- **Forgiveness date:** 09/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 245
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*