# PPP loan: KRANOS HOLDING, INC.
> **$3.06M** approved 04/15/2020 · Paid in Full · Loan `9766337102`
## Borrower
- **Name:** KRANOS HOLDING, INC.
- **Address:** 610 S Industrial Drive, LITCHFIELD, IL, 62056
- **NAICS:** 451110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.06M
- **Initial approval:** $3.06M
- **Forgiven:** $3.10M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.30M
- **Rent:** $563K
- **Utilities:** $83K
- **Debt interest:** $120K
- **Jobs reported:** 249
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*