# PPP loan: KSP GROUP, INC
> **$904K** approved 04/08/2020 · Paid in Full · Loan `8575077001`
## Borrower
- **Name:** KSP GROUP, INC
- **Address:** 7800 NORTHWESTERN AVE, RACINE, WI, 53406-1732
- **NAICS:** 333414
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $904K
- **Initial approval:** $904K
- **Forgiven:** $910K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $678K
- **Mortgage interest:** $113K
- **Utilities:** $113K
- **Jobs reported:** 94
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*