# PPP loan: KNOX NEW HOPE INDUSTRIES, INC.
> **$239K** approved 04/09/2020 · Paid in Full · Loan `9624757006`
## Borrower
- **Name:** KNOX NEW HOPE INDUSTRIES, INC.
- **Address:** 12200 UPPER FREDERICKTOWN RD, MOUNT VERNON, OH, 43050-8741
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Mortgage interest:** $5K
- **Utilities:** $11K
- **Health care:** $1K
- **Debt interest:** $14K
- **Jobs reported:** 45
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*