# PPP loan: IK MOTORS INC
> **$421K** approved 04/05/2020 · Paid in Full · Loan `5463907003`
## Borrower
- **Name:** IK MOTORS INC
- **Address:** 400 KAWILI ST E, HILO, HI, 96720-5045
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Jobs reported:** 63
## Lender
- **Originating:** First Hawaiian Bank
- **Servicing:** First Hawaiian Bank (HI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*