# PPP loan: KBL INC
> **$220K** approved 01/23/2021 · Paid in Full · Loan `4600308304`
## Borrower
- **Name:** KBL INC
- **Address:** 10025 Hickory Ln, Bartelso, IL, 62218-2929
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 10
## Lender
- **Originating:** Germantown Trust & Savings Bank
- **Servicing:** Germantown Trust & Savings Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*