# PPP loan: KOTI OPERATING COMPANY, LLC
> **$172K** approved 04/10/2020 · Paid in Full · Loan `2147677109`
## Borrower
- **Name:** KOTI OPERATING COMPANY, LLC
- **Address:** 7243 Scotchwood Lane, GRAWN, MI, 49637-9633
- **NAICS:** 624410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $48K
- **Utilities:** $4K
- **Jobs reported:** 61
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*