# PPP loan: KAL FREIGHT INC
> **$255K** approved 04/14/2020 · Paid in Full · Loan `5920337103`
## Borrower
- **Name:** KAL FREIGHT INC
- **Address:** 1607 S CAMPUS AVE, ONTARIO, CA, 91761-4335
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $35K
- **Utilities:** $16K
- **Jobs reported:** 18
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*