# PPP loan: KAI RESEARCH, INC
> **$826K** approved 04/28/2020 · Paid in Full · Loan `8232547205`
## Borrower
- **Name:** KAI RESEARCH, INC
- **Address:** 11300 ROCKVILLE PIKE Suite 500, ROCKVILLE, MD, 20852-3070
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $826K
- **Initial approval:** $826K
- **Forgiven:** $838K (102%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $826K
- **Jobs reported:** 45
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*