# PPP loan: THE KONA COFFEE AND TEA COMPANY INC.
> **$160K** approved 02/22/2021 · Paid in Full · Loan `2690538503`
## Borrower
- **Name:** THE KONA COFFEE AND TEA COMPANY INC.
- **Address:** 74-5866 Palani Road Ste 31, Kailua Kona, HI, 96740
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Central Pacific Bank
- **Servicing:** Central Pacific Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*