# PPP loan: K & R REPAIR SERVICE, INC.
> **$222K** approved 04/13/2020 · Paid in Full · Loan `4565037107`
## Borrower
- **Name:** K & R REPAIR SERVICE, INC.
- **Address:** 10560 C F Hawn Fwy, Dallas, TX, 75217-8000
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $18K
- **Utilities:** $4K
- **Jobs reported:** 20
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*