# PPP loan: K.T. FABRICATION, INC.
> **$2.26M** approved 04/14/2020 · Paid in Full · Loan `5745377106`
## Borrower
- **Name:** K.T. FABRICATION, INC.
- **Address:** 501 E COMSTOCK DR, CHANDLER, AZ, 85225-1230
- **NAICS:** 238150
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.26M
- **Initial approval:** $2.26M
- **Forgiven:** $2.29M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Rent:** $116K
- **Utilities:** $15K
- **Health care:** $321K
- **Jobs reported:** 144
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*