# PPP loan: KENNETH R GROSSMAN INC
> **$159K** approved 04/28/2020 · Paid in Full · Loan `6870317201`
## Borrower
- **Name:** KENNETH R GROSSMAN INC
- **Address:** 580 Collins Drive, Merced, CA, 95348
- **NAICS:** 621320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 24
## Lender
- **Originating:** Westamerica Bank
- **Servicing:** Westamerica Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*