# PPP loan: K.T. ENGINEERING CORP.
> **$411K** approved 06/15/2020 · Paid in Full · Loan `5145597904`
## Borrower
- **Name:** K.T. ENGINEERING CORP.
- **Address:** 2016 E VISTA BELLA WAY, COMPTON, CA, 90220-6109
- **NAICS:** 334511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $415K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 31
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*