# PPP loan: KEY PARTS, INC
> **$399K** approved 04/06/2020 · Paid in Full · Loan `5940807001`
## Borrower
- **Name:** KEY PARTS, INC
- **Address:** 22290 TIMBERLAKE RD, LYNCHBURG, VA, 24502-7305
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Rent:** $133K
- **Utilities:** $133K
- **Jobs reported:** 32
## Lender
- **Originating:** Magyar Bank
- **Servicing:** Magyar Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*