# PPP loan: KRISE TRANSPORTATION INC.
> **$1.19M** approved 01/27/2021 · Paid in Full · Loan `6553738310`
## Borrower
- **Name:** KRISE TRANSPORTATION INC.
- **Address:** 1325 Scotland Avenue Ext, Punxsutawney, PA, 15767-3071
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Utilities:** $1
- **Jobs reported:** 245
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*