# PPP loan: KASA MANAGEMENT SERVICES, INC.
> **$287K** approved 05/29/2020 · Paid in Full · Loan `5002677809`
## Borrower
- **Name:** KASA MANAGEMENT SERVICES, INC.
- **Address:** 903 JORDAN PL, ROCKFORD, IL, 61108-3705
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Mortgage interest:** $36K
- **Utilities:** $36K
- **Jobs reported:** 25
## Lender
- **Originating:** German-American State Bank
- **Servicing:** German-American State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*