KENNETH G. LILLY FASTENERS, INC. (DE) - 2020 PPP Loan Borrower Profile (# 6540727007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to KENNETH G. LILLY FASTENERS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

6540727007

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$347,092

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$349,783.15

Date Loan was Forgiven

Feb 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,220

Payroll Proced

320,372

Rent Proceed

13,500

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

423710

Borrower Location

NEWARK, DE

Project Location

NEWARK, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.