# PPP loan: K AND B LEATHER
> **$550K** approved 04/03/2020 · Paid in Full · Loan `4345147005`
## Borrower
- **Name:** K AND B LEATHER
- **Address:** 1463 S Glenstone Ave, SPRINGFIELD, MO, 65804-1405
- **NAICS:** 448320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $569K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Mortgage interest:** $55K
- **Utilities:** $55K
- **Jobs reported:** 71
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*