# PPP loan: KINECT SOLAR LLC
> **$248K** approved 04/15/2020 · Paid in Full · Loan `9642567110`
## Borrower
- **Name:** KINECT SOLAR LLC
- **Address:** 828 AIRPORT BLVD, AUSTIN, TX, 78702
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 21
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*