# PPP loan: KLASSEN CORPORATION
> **$1.20M** approved 01/23/2021 · Paid in Full · Loan `4461398308`
## Borrower
- **Name:** KLASSEN CORPORATION
- **Address:** 2021 Westwind Dr, Bakersfield, CA, 93301-3015
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 65
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*