# PPP loan: KELSCH ASSOCIATES INC.
> **$2.41M** approved 04/13/2020 · Paid in Full · Loan `4641127102`
## Borrower
- **Name:** KELSCH ASSOCIATES INC.
- **Address:** 368 Broadway Westville, WESTVILLE, NJ, 08093
- **NAICS:** 623210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.41M
- **Initial approval:** $2.41M
- **Forgiven:** $2.44M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.06M
- **Rent:** $200K
- **Utilities:** $150K
- **Jobs reported:** 205
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*