# PPP loan: KOMOLO, INC.
> **$245K** approved 04/14/2020 · Paid in Full · Loan `7824827107`
## Borrower
- **Name:** KOMOLO, INC.
- **Address:** 6630 Amberton Drive Suite C, ELKRIDGE, MD, 21075
- **NAICS:** 424460
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $29K
- **Utilities:** $9K
- **Health care:** $22K
- **Jobs reported:** 22
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*