# PPP loan: KING-LAR COMPANY
> **$1.79M** approved 04/05/2020 · Paid in Full · Loan `5416167003`
## Borrower
- **Name:** KING-LAR COMPANY
- **Address:** 2020 E Olive Street, DECATUR, IL, 62526
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.81M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Rent:** $447K
- **Jobs reported:** 76
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*