# PPP loan: KADAN CORPORATION
> **$1.85M** approved 04/27/2020 · Paid in Full · Loan `5024077208`
## Borrower
- **Name:** KADAN CORPORATION
- **Address:** 1848 A INDEPENDENCE SQUARE, ATLANTA, GA, 30338-5162
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.84M
- **Rent:** $19K
- **Jobs reported:** 365
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*