# PPP loan: KAL INDUSTRIAL SERVICES INC
> **$196K** approved 03/08/2021 · Exemption 4 · Loan `8018288510`
## Borrower
- **Name:** KAL INDUSTRIAL SERVICES INC
- **Address:** 2060 Forward Augusta Dr, Augusta, GA, 30906-9618
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $170K (87%)
- **Forgiveness date:** 11/03/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*