# PPP loan: KAPNICK & COMPANY, INC
> **$2.88M** approved 04/14/2020 · Paid in Full · Loan `6085607101`
## Borrower
- **Name:** KAPNICK & COMPANY, INC
- **Address:** 333 INDUSTRIAL DR, ADRIAN, MI, 49221-8780
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.91M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.88M
- **Jobs reported:** 180
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*