# PPP loan: JOHN KHIEL III LOGGING & CHIPPING INC.
> **$620K** approved 01/26/2021 · Paid in Full · Loan `5865208309`
## Borrower
- **Name:** JOHN KHIEL III LOGGING & CHIPPING INC.
- **Address:** 65 Bull Ring Rd, Denmark, ME, 04022-5300
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $620K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*