# PPP loan: KINCO CORPORATION
> **$678K** approved 04/07/2020 · Paid in Full · Loan `6481437002`
## Borrower
- **Name:** KINCO CORPORATION
- **Address:** 69 Bingham Road, ASHEVILLE, NC, 28806-3824
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $678K
- **Initial approval:** $678K
- **Forgiven:** $685K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $678K
- **Jobs reported:** 52
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*