# PPP loan: KRAC 2010, LLC
> **$220K** approved 04/14/2020 · Paid in Full · Loan `6316137100`
## Borrower
- **Name:** KRAC 2010, LLC
- **Address:** 113 N. Church Street #110, GREENSBORO, NC, 27401
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $24K
- **Utilities:** $8K
- **Jobs reported:** 66
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*