# PPP loan: KTM PAVING, INC.
> **$399K** approved 04/13/2020 · Paid in Full · Loan `4625087103`
## Borrower
- **Name:** KTM PAVING, INC.
- **Address:** 5513 Highway 2, Hermantown, MN, 55810
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 29
## Lender
- **Originating:** National Bank of Commerce
- **Servicing:** National Bank of Commerce (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*