# PPP loan: NKW INC
> **$1.40M** approved 04/14/2020 · Paid in Full · Loan `5949397103`
## Borrower
- **Name:** NKW INC
- **Address:** 254 S MULBERRY #102, MESA, AZ, 85202-1169
- **NAICS:** 238130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Rent:** $17K
- **Utilities:** $2K
- **Health care:** $105K
- **Debt interest:** $23K
- **Jobs reported:** 116
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*