# PPP loan: KING-KNUTSON CONSTRUCTION, INC.
> **$469K** approved 04/04/2020 · Paid in Full · Loan `4617767008`
## Borrower
- **Name:** KING-KNUTSON CONSTRUCTION, INC.
- **Address:** 1205 N OAK ST, IOWA FALLS, IA, 50126-1165
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $473K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Mortgage interest:** $100K
- **Utilities:** $17K
- **Jobs reported:** 48
## Lender
- **Originating:** Green Belt Bank & Trust
- **Servicing:** Green Belt Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*