# PPP loan: KING VENTURES II, LLC
> **$254K** approved 04/04/2020 · Paid in Full · Loan `4691827000`
## Borrower
- **Name:** KING VENTURES II, LLC
- **Address:** 1212 NORTH AVE, GRAND JUNCTION, CO, 81501-3143
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $63K
- **Jobs reported:** 68
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*