# PPP loan: THE KUGEL CORPORATION
> **$497K** approved 04/08/2020 · Paid in Full · Loan `8504857002`
## Borrower
- **Name:** THE KUGEL CORPORATION
- **Address:** 1722 BISHOP RD, CHEHALIS, WA, 98532-8713
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Jobs reported:** 34
## Lender
- **Originating:** Security State Bank
- **Servicing:** Security State Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*