# PPP loan: KINEQUIP INC (SOUTH)
> **$269K** approved 04/27/2020 · Paid in Full · Loan `4339997202`
## Borrower
- **Name:** KINEQUIP INC (SOUTH)
- **Address:** 365 Old Niagara Falls Blvd, Amherst, NY, 14228-1636
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Rent:** $34K
- **Utilities:** $34K
- **Jobs reported:** 34
## Lender
- **Originating:** Evans Bank, National Association
- **Servicing:** Evans Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*