# PPP loan: KBM2 LLC
> **$248K** approved 02/24/2021 · Paid in Full · Loan `3651378505`
## Borrower
- **Name:** KBM2 LLC
- **Address:** 4100 Hunsaker Dr Ste D, East Lansing, MI, 48823-6125
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 21
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*