# PPP loan: KONA KAI CORP
> **$289K** approved 02/20/2021 · Paid in Full · Loan `2287898506`
## Borrower
- **Name:** KONA KAI CORP
- **Address:** 10040 E Happy Valley Rd Unit 252, Scottsdale, AZ, 85255-2371
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 02/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 15
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*