# PPP loan: KL ASSOCIATES LIMITED LLC
> **$154K** approved 01/26/2021 · Charged Off · Loan `5913988304`
## Borrower
- **Name:** KL ASSOCIATES LIMITED LLC
- **Address:** 11 E Adams St Ste 900, Chicago, IL, 60603-6306
- **NAICS:** 523910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $22K (14%)
- **Forgiveness date:** 01/23/2023
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 6
## Lender
- **Originating:** Belmont Bank & Trust Company
- **Servicing:** Belmont Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*