# PPP loan: K 2 MOTOR CORPORATION
> **$499K** approved 04/06/2020 · Paid in Full · Loan `6261197000`
## Borrower
- **Name:** K 2 MOTOR CORPORATION
- **Address:** 21901 FERRERO PARKWAY, WALNUT, CA, 91789-5210
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $499K
- **Jobs reported:** 55
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*