# PPP loan: KANE FURNITURE COMPANY OF ORMOND BEACH, INC
> **$351K** approved 04/15/2020 · Paid in Full · Loan `9047627110`
## Borrower
- **Name:** KANE FURNITURE COMPANY OF ORMOND BEACH, INC
- **Address:** 280 South Yonge Street, ORMOND BEACH, FL, 32174-6264
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Mortgage interest:** $42K
- **Utilities:** $15K
- **Jobs reported:** 38
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*