# PPP loan: KERSHNER OFFICE FURNITURE INC
> **$422K** approved 04/08/2020 · Paid in Full · Loan `7792847009`
## Borrower
- **Name:** KERSHNER OFFICE FURNITURE INC
- **Address:** 600 Clark Avenue, KING OF PRUSSIA, PA, 19406-1407
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Rent:** $19K
- **Utilities:** $3K
- **Health care:** $17K
- **Jobs reported:** 32
## 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*