# PPP loan: KORS ENGINEERING CO INC
> **$289K** approved 04/30/2020 · Paid in Full · Loan `4997267306`
## Borrower
- **Name:** KORS ENGINEERING CO INC
- **Address:** 2805 PONTIAC LAKE RD STE 2B, Waterford, MI, 48328
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 15
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*