# PPP loan: KATCON GLOBAL USA INC.
> **$616K** approved 04/01/2021 · Paid in Full · Loan `4471438703`
## Borrower
- **Name:** KATCON GLOBAL USA INC.
- **Address:** 2965 Lapeer Rd, Auburn Hills, MI, 48326-1933
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $616K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*