# PPP loan: KING KUTTER INC.
> **$1.43M** approved 03/17/2021 · Paid in Full · Loan `3880208602`
## Borrower
- **Name:** KING KUTTER INC.
- **Address:** 305 Commerce Dr, Winfield, AL, 35594-9016
- **NAICS:** 333111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.43M
- **Utilities:** $1
- **Jobs reported:** 254
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*