# PPP loan: KROTO INC
> **$1000K** approved 04/29/2020 · Paid in Full · Loan `4460827308`
## Borrower
- **Name:** KROTO INC
- **Address:** 8280 AUSTIN AVE, MORTON GROVE, IL, 60053-3207
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1000K
- **Initial approval:** $1.03M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $930K
- **Rent:** $70K
- **Jobs reported:** 101
## Lender
- **Originating:** Time Bank
- **Servicing:** Time Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*