# PPP loan: KOCH SCHOOL BUS SERVICE, INC.
> **$672K** approved 06/15/2020 · Paid in Full · Loan `5364787902`
## Borrower
- **Name:** KOCH SCHOOL BUS SERVICE, INC.
- **Address:** 150 VICTOR COURT, WACONIA, MN, 55387
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $675K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $672K
- **Jobs reported:** 167
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*