# PPP loan: KROPP FIRE PROTECTION INC
> **$283K** approved 05/12/2020 · Paid in Full · Loan `5385137404`
## Borrower
- **Name:** KROPP FIRE PROTECTION INC
- **Address:** 59685 MARKET ST, SOUTH BEND, IN, 46614-4022
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Jobs reported:** 16
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*