Brief: KVH Industries Says SBA Determined PPP Loan Forgiveness Application Was Approved

KVH Industries

29/09/2021 22:14

Sept 29 (Reuters) - KVH Industries Inc  KVHI.O :
    * KVH INDUSTRIES - RECEIVED NOTIFICATION FROM LENDER THAT
SBA HAD
DETERMINED PPP LOAN FORGIVENESS APPLICATION WAS APPROVED
    * KVH INDUSTRIES - RECEIVED NOTIFICATION FROM LENDER THAT
CO'S PPP
LOAN, INCLUDING ALL ACCRUED INTEREST THEREON, WAS PAID IN FULL
BY SBA
    * KVH INDUSTRIES - FORGIVENESS OF PPP LOAN WILL BE
RECOGNIZED IN
OTHER INCOME IN CO’S FINANCIAL RESULTS FOR THREE MONTHS ENDED
SEPTEMBER 30, 2021

Source text: (https://bit.ly/3CS8DDA)
Further company coverage:  KVHI.O 

 ((Reuters.Briefs@thomsonreuters.com;))