# PPP loan: KC LEASE SERVICE INC
> **$515K** approved 04/16/2020 · Paid in Full · Loan `2580967201`
## Borrower
- **Name:** KC LEASE SERVICE INC
- **Address:** 128 S.FM 441 Rd, LOUISE, TX, 77455-4058
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Rent:** $64K
- **Utilities:** $64K
- **Jobs reported:** 45
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*