# PPP loan: KEMSCO CONSTRUCTION COMPANY INC
> **$2.25M** approved 04/13/2020 · Paid in Full · Loan `5366347108`
## Borrower
- **Name:** KEMSCO CONSTRUCTION COMPANY INC
- **Address:** 139 HARPER ST, NEWARK, NJ, 07114-2803
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.25M
- **Initial approval:** $2.25M
- **Forgiven:** $1.31M (58%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.25M
- **Jobs reported:** 60
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*