# PPP loan: KNG ENTERPRISES INC
> **$408K** approved 03/12/2021 · Paid in Full · Loan `1216668603`
## Borrower
- **Name:** KNG ENTERPRISES INC
- **Address:** 6142 Westheimer Rd, Houston, TX, 77057-4557
- **NAICS:** 722511
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 03/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $408K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*