# PPP loan: KIESCHNICK INDUSTRIES INC.
> **$297K** approved 03/20/2021 · Paid in Full · Loan `5155388606`
## Borrower
- **Name:** KIESCHNICK INDUSTRIES INC.
- **Address:** 3050 W Cedar St, Beaumont, TX, 77702-2528
- **NAICS:** 453998
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $297K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*