# PPP loan: KGK ELECTRIC CORP.
> **$302K** approved 04/29/2020 · Paid in Full · Loan `3901627309`
## Borrower
- **Name:** KGK ELECTRIC CORP.
- **Address:** 14 - 34 150 St., STE 4, WHITESTONE, NY, 11357-1745
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Rent:** $45K
- **Utilities:** $30K
- **Jobs reported:** 15
## Lender
- **Originating:** Flushing Bank
- **Servicing:** Flushing Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*