# PPP loan: KALO PRODUCTS, INC
> **$250K** approved 05/26/2020 · Charged Off · Loan `3674837802`
## Borrower
- **Name:** KALO PRODUCTS, INC
- **Address:** 1830 East Shepherd Avenue, Fresno, CA, 93720-5600
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 14
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*