# PPP loan: KAILOS GENETICS, INC.
> **$341K** approved 04/12/2020 · Paid in Full · Loan `3814537101`
## Borrower
- **Name:** KAILOS GENETICS, INC.
- **Address:** 601 GENOME WAY #2005, HUNTSVILLE, AL, 35806-2907
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $347K (102%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Mortgage interest:** $43K
- **Utilities:** $43K
- **Jobs reported:** 20
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*