# PPP loan: KVA INDUCTION COMPANY INCORPORATED
> **$171K** approved 02/10/2021 · Paid in Full · Loan `6137148409`
## Borrower
- **Name:** KVA INDUCTION COMPANY INCORPORATED
- **Address:** 34112 Doreka, Fraser, MI, 48026-3434
- **NAICS:** 334416
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*