KVH Industries receives full forgiveness of $6.9M PPP loan; other income in Q3 2021

KVH INDUSTRIES INC DE

SBA approved full forgiveness of $6.9 million PPP loan on September 19, 2021.
Loan principal and accrued interest paid in full by SBA.
Forgiveness will be recorded as other income in quarter ending September 30, 2021.
Loan was originally accepted in May 2020 under the CARES Act.

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