# PPP loan: VICTOR K. KRAUSE DECORATING COMPANY
> **$296K** approved 06/23/2020 · Paid in Full · Loan `2040528008`
## Borrower
- **Name:** VICTOR K. KRAUSE DECORATING COMPANY
- **Address:** 11900 BALTIMORE AVE STE E, BELTSVILLE, MD, 20705-1235
- **NAICS:** 561790
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $300K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 32
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*