# PPP loan: KELLS, INC.
> **$345K** approved 02/11/2021 · Exemption 4 · Loan `7026328406`
## Borrower
- **Name:** KELLS, INC.
- **Address:** 112 SW 2nd Ave, Portland, OR, 97204-3507
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $327K
- **Forgiven:** $231K (67%)
- **Forgiveness date:** 09/09/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*