# PPP loan: K2 SOLUTIONS, INC.
> **$2.29M** approved 04/10/2020 · Paid in Full · Loan `1823827108`
## Borrower
- **Name:** K2 SOLUTIONS, INC.
- **Address:** 5735 US Highway 1, SOUTHERN PINES, NC, 28388
- **NAICS:** 541720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $2.29M
- **Forgiven:** $2.32M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.72M
- **Utilities:** $573K
- **Jobs reported:** 84
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*