# PPP loan: KNAPP BUSINESS SOLUTIONS, INC.
> **$245K** approved 04/05/2020 · Paid in Full · Loan `5389607008`
## Borrower
- **Name:** KNAPP BUSINESS SOLUTIONS, INC.
- **Address:** 704 SW 9th Ave, AMARILLO, TX, 79101-3204
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $15K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Health care:** $15K
- **Jobs reported:** 18
## Lender
- **Originating:** BOC Bank
- **Servicing:** BOC Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*