# PPP loan: KRANZE TECHNOLOGY SOLUTIONS, INC
> **$1.62M** approved 04/09/2020 · Paid in Full · Loan `9501627002`
## Borrower
- **Name:** KRANZE TECHNOLOGY SOLUTIONS, INC
- **Address:** 742 Pinecrest Drive, PROSPECT HEIGHTS, IL, 60070-1806
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 94
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*