# PPP loan: K. G. VENTURES INC
> **$275K** approved 04/05/2020 · Paid in Full · Loan `5383047005`
## Borrower
- **Name:** K. G. VENTURES INC
- **Address:** 3127-A Baldwin Park Blvd, BALDWIN PARK, CA, 91706-4754
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $69K
- **Jobs reported:** 57
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*