# PPP loan: KENTREL INC
> **$247K** approved 05/01/2020 · Exemption 4 · Loan `8920007309`
## Borrower
- **Name:** KENTREL INC
- **Address:** 820 springbrook ave, MOOSIC, PA, 18507
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $205K (83%)
- **Forgiveness date:** 08/16/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 47
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*