# PPP loan: KVK TECH, INC.
> **$4.23M** approved 04/07/2020 · Paid in Full · Loan `7257107008`
## Borrower
- **Name:** KVK TECH, INC.
- **Address:** 110 TERRY DR, NEWTOWN, PA, 18940-1850
- **NAICS:** 325412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.23M
- **Initial approval:** $4.23M
- **Forgiven:** $4.29M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.23M
- **Jobs reported:** 327
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*