# PPP loan: K.A.R. CONTRUCTION INC.
> **$2.00M** approved 04/15/2020 · Paid in Full · Loan `1056147201`
## Borrower
- **Name:** K.A.R. CONTRUCTION INC.
- **Address:** 1306 BROOKS ST, ONTARIO, CA, 91762-3611
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 111
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*