# PPP loan: COVE - KITBAR OF HERNDON, LLC
> **$223K** approved 04/15/2020 · Paid in Full · Loan `8588757101`
## Borrower
- **Name:** COVE - KITBAR OF HERNDON, LLC
- **Address:** 2403 Centreville Road, Herndon, VA, 20171
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Rent:** $24K
- **Utilities:** $8K
- **Health care:** $1K
- **Debt interest:** $11K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*