# PPP loan: KING IMPORTS INC.
> **$672K** approved 02/20/2021 · Paid in Full · Loan `2257538502`
## Borrower
- **Name:** KING IMPORTS INC.
- **Address:** 2780 U.S. Highway 78 E, Anniston, AL, 36207
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $679K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $672K
- **Utilities:** $1
- **Jobs reported:** 177
## Lender
- **Originating:** NobleBank & Trust
- **Servicing:** NobleBank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*