# PPP loan: K-TEC HOLDINGS, LTD
> **$2.00M** approved 02/24/2021 · Paid in Full · Loan `3513608504`
## Borrower
- **Name:** K-TEC HOLDINGS, LTD
- **Address:** 1206 S 1680 W, Orem, UT, 84058-4938
- **NAICS:** 335220
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 209
## Lender
- **Originating:** Rock Canyon Bank, A Division of NBH Bank
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*