# PPP loan: KALYN CORP
> **$619K** approved 04/13/2020 · Paid in Full · Loan `4553087103`
## Borrower
- **Name:** KALYN CORP
- **Address:** 316 Spring Garden street, GREENSBORO, NC, 27401-2732
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $476K
- **Mortgage interest:** $118K
- **Utilities:** $25K
- **Jobs reported:** 171
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*