# PPP loan: KENNETH G. LILLY FASTENERS INC.
> **$340K** approved 02/13/2021 · Paid in Full · Loan `8221868404`
## Borrower
- **Name:** KENNETH G. LILLY FASTENERS INC.
- **Address:** 855 Dawson Dr, Newark, DE, 19713-3415
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*