# PPP loan: KONOS INC.
> **$1.90M** approved 06/18/2020 · Paid in Full · Loan `8431827906`
## Borrower
- **Name:** KONOS INC.
- **Address:** 1240 8th Street, Martin, MI, 49070-9753
- **NAICS:** 112310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.92M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.60M
- **Debt interest:** $300K
- **Jobs reported:** 218
## Lender
- **Originating:** Greenstone Farm Credit Services, ACA
- **Servicing:** Greenstone Farm Credit Services, ACA (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*