# PPP loan: KAM INC.
> **$186K** approved 04/11/2020 · Paid in Full · Loan `2916077101`
## Borrower
- **Name:** KAM INC.
- **Address:** 1502 1ST AVE NORTH, FARGO, ND, 58102-4206
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $46K
- **Jobs reported:** 15
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*