# PPP loan: KENCO ELECTRIC INC
> **$400K** approved 05/01/2020 · Exemption 4 · Loan `6793657705`
## Borrower
- **Name:** KENCO ELECTRIC INC
- **Address:** 3690 N PATTERSON AVE, WINSTON SALEM, NC, 27105-3541
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $369K (92%)
- **Forgiveness date:** 03/06/2023
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 34
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*