# PPP loan: COVE20 LLC DBA KBC NETWORKS USA
> **$167K** approved 05/01/2020 · Paid in Full · Loan `1508697705`
## Borrower
- **Name:** COVE20 LLC DBA KBC NETWORKS USA
- **Address:** 32409 CALLE PERFECTO, SAN JUAN CAPISTRANO, CA, 92675
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Rent:** $18K
- **Health care:** $15K
- **Jobs reported:** 9
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*