# PPP loan: KNICHEL LOGISTICS, INC.
> **$661K** approved 04/09/2020 · Paid in Full · Loan `9102517007`
## Borrower
- **Name:** KNICHEL LOGISTICS, INC.
- **Address:** 5347 WILLIAM FLYNN HWY, GIBSONIA, PA, 15044-9644
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $661K
- **Initial approval:** $661K
- **Forgiven:** $666K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $661K
- **Jobs reported:** 51
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*