# PPP loan: KOOLSPAN INC
> **$627K** approved 03/02/2021 · Paid in Full · Loan `5857058508`
## Borrower
- **Name:** KOOLSPAN INC
- **Address:** 7735 Old Georgetown Rd Ste 500, Bethesda, MD, 20814-6206
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $633K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $627K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*