# PPP loan: K E SEIFERT INC
> **$800K** approved 04/13/2020 · Paid in Full · Loan `4910427108`
## Borrower
- **Name:** K E SEIFERT INC
- **Address:** 155 N GREEN STREET, LANGHORNE, PA, 19047-2111
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $805K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Mortgage interest:** $80K
- **Utilities:** $80K
- **Jobs reported:** 51
## Lender
- **Originating:** The First National Bank and Trust Company of Newtown
- **Servicing:** The First National Bank and Trust Company of Newtown (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*