# PPP loan: KC ECONOMIC DEVELOPMENT, LLC
> **$883K** approved 06/30/2020 · Paid in Full · Loan `6301268010`
## Borrower
- **Name:** KC ECONOMIC DEVELOPMENT, LLC
- **Address:** 8680 COUNTY ROAD 40, SHORTER, AL, 36075-4403
- **NAICS:** 713290
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $883K
- **Initial approval:** $1.52M
- **Forgiven:** $892K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $883K
- **Jobs reported:** 185
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*