# PPP loan: K & L CONTRACTORS, INC.
> **$262K** approved 04/06/2020 · Paid in Full · Loan `6335057008`
## Borrower
- **Name:** K & L CONTRACTORS, INC.
- **Address:** 748 STATE HIGHWAY 7W, CENTER, TX, 75935-5818
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Mortgage interest:** $25K
- **Utilities:** $27K
- **Jobs reported:** 28
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*