# PPP loan: KING'S DISCOUNT BRAKE & TIRE INC.
> **$228K** approved 02/04/2021 · Paid in Full · Loan `3105508401`
## Borrower
- **Name:** KING'S DISCOUNT BRAKE & TIRE INC.
- **Address:** 4356 Baldwin Ave, El Monte, CA, 91731-1104
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (102%)
- **Forgiveness date:** 08/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*