# PPP loan: KING APPLIANCE CENTER, INC.
> **$318K** approved 04/05/2020 · Paid in Full · Loan `5288747005`
## Borrower
- **Name:** KING APPLIANCE CENTER, INC.
- **Address:** 5010 Vogel Road, EVANSVILLE, IN, 47715-7807
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $309K (97%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 38
## Lender
- **Originating:** First Federal Savings Bank
- **Servicing:** First Federal Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*