# PPP loan: KIM TONG TRANSLATION SERVICE, INC
> **$370K** approved 04/11/2020 · Paid in Full · Loan `3659207106`
## Borrower
- **Name:** KIM TONG TRANSLATION SERVICE, INC
- **Address:** 2994 Rice St, LITTLE CANADA, MN, 55113-2230
- **NAICS:** 541930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $375K (102%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $72K
- **Utilities:** $2K
- **Jobs reported:** 40
## Lender
- **Originating:** First State Bank of Wyoming
- **Servicing:** First State Bank of Wyoming (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*