# PPP loan: K.A.S. INVESTMENT CO., INC.
> **$695K** approved 04/13/2020 · Paid in Full · Loan `4994867107`
## Borrower
- **Name:** K.A.S. INVESTMENT CO., INC.
- **Address:** 3121 40TH AVE NW #100, ROCHESTER, MN, 55901-1742
- **NAICS:** 238150
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $695K
- **Initial approval:** $695K
- **Forgiven:** $701K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Rent:** $27K
- **Utilities:** $10K
- **Health care:** $29K
- **Debt interest:** $15K
- **Jobs reported:** 38
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*