# PPP loan: K & M LOGISTIC INC - KAB8242
> **$288K** approved 01/25/2021 · Paid in Full · Loan `5560308303`
## Borrower
- **Name:** K & M LOGISTIC INC - KAB8242
- **Address:** 5615 Enterprise Dr, Lansing, MI, 48911-4104
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 28
## 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*