# PPP loan: KING'S TIRE & WHEEL INC.
> **$202K** approved 02/26/2021 · Paid in Full · Loan `4505448509`
## Borrower
- **Name:** KING'S TIRE & WHEEL INC.
- **Address:** 4007 Baldwin Ave, El Monte, CA, 91731-1750
- **NAICS:** 423130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*