# PPP loan: KT POWER SYSTEMS INC.
> **$973K** approved 01/23/2021 · Paid in Full · Loan `4736358307`
## Borrower
- **Name:** KT POWER SYSTEMS INC.
- **Address:** 433 County Road 638, Cape Girardeau, MO, 63701-8962
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $973K
- **Initial approval:** $973K
- **Forgiven:** $979K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $973K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Montgomery Bank
- **Servicing:** Montgomery Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*