# PPP loan: KING CAPITAL TRANSPORT, LLC
> **$171K** approved 04/03/2020 · Paid in Full · Loan `4551947010`
## Borrower
- **Name:** KING CAPITAL TRANSPORT, LLC
- **Address:** 3155 BLUESTEM DR, WEST FARGO, ND, 58078-8002
- **NAICS:** 485999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $25K
- **Mortgage interest:** $17K
- **Utilities:** $9K
- **Jobs reported:** 36
## Lender
- **Originating:** Aspire Bank
- **Servicing:** Aspire Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*