# PPP loan: KNIT-RITE, INC. II
> **$1.92M** approved 04/06/2020 · Paid in Full · Loan `6308957001`
## Borrower
- **Name:** KNIT-RITE, INC. II
- **Address:** 120 Osage Ave, KANSAS CITY, KS, 66105-1415
- **NAICS:** 334510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.92M
- **Jobs reported:** 175
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*