# PPP loan: KYNETIK PREOWNED AUTOS INC
> **$214K** approved 04/13/2020 · Charged Off · Loan `4222477108`
## Borrower
- **Name:** KYNETIK PREOWNED AUTOS INC
- **Address:** 1905 PIKE ST, PARKERSBURG, WV, 26101-6449
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $54K
- **Jobs reported:** 3
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*