# PPP loan: KOHLFELD DISTRIBUTING, INC.
> **$677K** approved 04/04/2020 · Paid in Full · Loan `4881787002`
## Borrower
- **Name:** KOHLFELD DISTRIBUTING, INC.
- **Address:** 4691 JACKSON BLVD, JACKSON, MO, 63755-3803
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $684K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $77K
- **Utilities:** $50K
- **Jobs reported:** 87
## Lender
- **Originating:** Montgomery Bank
- **Servicing:** Montgomery Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*