# PPP loan: K BAY AIR, LLC
> **$306K** approved 04/13/2020 · Paid in Full · Loan `5150087103`
## Borrower
- **Name:** K BAY AIR, LLC
- **Address:** 2282 Kachemak Drive, HOMER, AK, 99603-8019
- **NAICS:** 481211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $197K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $8K
- **Mortgage interest:** $1K
- **Utilities:** $6K
- **Jobs reported:** 9
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*