# PPP loan: KMC AND ASSOCIATES INC.
> **$188K** approved 03/03/2021 · Paid in Full · Loan `6462578500`
## Borrower
- **Name:** KMC AND ASSOCIATES INC.
- **Address:** 12319 Ocean Gtwy Ste 201, Ocean City, MD, 21842-9597
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Community Bank Delaware
- **Servicing:** Community Bank Delaware (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*