# PPP loan: KB RESOURCES, INC
> **$170K** approved 04/05/2020 · Paid in Full · Loan `5207337010`
## Borrower
- **Name:** KB RESOURCES, INC
- **Address:** 4222 EMPEROR BLVD Suite 470, DURHAM, NC, 27703-8029
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $201K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 11
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*