# PPP loan: KINETIC LEASING, INC.
> **$264K** approved 06/26/2020 · Paid in Full · Loan `4575968006`
## Borrower
- **Name:** KINETIC LEASING, INC.
- **Address:** 2575 41ST ST S, FARGO, ND, 58104-7723
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $265K (100%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $264K
- **Jobs reported:** 21
## Lender
- **Originating:** Western State Bank
- **Servicing:** Western State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*