# PPP loan: KENNICOTT BROS. COMPANY, INC.
> **$3.87M** approved 04/14/2020 · Paid in Full · Loan `7001937104`
## Borrower
- **Name:** KENNICOTT BROS. COMPANY, INC.
- **Address:** 1638 W. Hubbard, CHICAGO, IL, 60622
- **NAICS:** 424930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.87M
- **Initial approval:** $3.87M
- **Forgiven:** $3.93M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.47M
- **Mortgage interest:** $260K
- **Utilities:** $144K
- **Jobs reported:** 453
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*