# PPP loan: KENT POWER, INC.
> **$7.69M** approved 04/13/2020 · Paid in Full · Loan `4954637103`
## Borrower
- **Name:** KENT POWER, INC.
- **Address:** 7800 CHILDSDALE AVE NE, ROCKFORD, MI, 49341-7487
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.69M
- **Initial approval:** $7.69M
- **Forgiven:** $7.77M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.69M
- **Jobs reported:** 345
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*