# PPP loan: KAHN-LUCAS-LANCASTER, INC.
> **$713K** approved 04/30/2020 · Charged Off · Loan `7474897301`
## Borrower
- **Name:** KAHN-LUCAS-LANCASTER, INC.
- **Address:** 306 Primrose Lane, MOUNTVILLE, PA, 17554
- **NAICS:** 315990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $542K (76%)
- **Forgiveness date:** 06/11/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $496K
- **Rent:** $192K
- **Utilities:** $25K
- **Jobs reported:** 26
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*