# PPP loan: KSR INDUSTRIAL CORPORATION
> **$363K** approved 05/02/2020 · Charged Off · Loan `9656687308`
## Borrower
- **Name:** KSR INDUSTRIAL CORPORATION
- **Address:** 2711 CENTERVILLE ROAD, SOUTHFIELD, DE, 19808
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $300K (83%)
- **Forgiveness date:** 05/05/2022
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $363K
- **Jobs reported:** 8
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*