# PPP loan: KGM CONTRACTORS INC
> **$1.84M** approved 03/20/2021 · Paid in Full · Loan `5725638601`
## Borrower
- **Name:** KGM CONTRACTORS INC
- **Address:** 9211 Highway 53, Angora, MN, 55703-8239
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.85M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.84M
- **Jobs reported:** 191
## Lender
- **Originating:** Security State Bank of Hibbing
- **Servicing:** Security State Bank of Hibbing (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*