# PPP loan: KAPLANSKY INSURANCE AGENCY, INC
> **$1.22M** approved 04/13/2020 · Paid in Full · Loan `5164407104`
## Borrower
- **Name:** KAPLANSKY INSURANCE AGENCY, INC
- **Address:** 10 Kearney Road, NEEDHAM HEIGHTS, MA, 02494-2502
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $844K
- **Rent:** $123K
- **Utilities:** $36K
- **Health care:** $76K
- **Debt interest:** $146K
- **Jobs reported:** 76
## Lender
- **Originating:** Bankwell Bank
- **Servicing:** Bankwell Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*