# PPP loan: KENT POWER EQUIPMENT, INC.
> **$184K** approved 04/15/2020 · Paid in Full · Loan `8941497108`
## Borrower
- **Name:** KENT POWER EQUIPMENT, INC.
- **Address:** 1550  10 MILE RD, SPARTA, MI, 49345-9412
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 03/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 23
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*