# PPP loan: K16 SOLUTIONS, INC.
> **$240K** approved 07/21/2020 · Paid in Full · Loan `6335218102`
## Borrower
- **Name:** K16 SOLUTIONS, INC.
- **Address:** 1475 N. SCOTTSDALE RD SUITE 100, SCOTTSDALE, AZ, 85257-3402
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 14
## Lender
- **Originating:** Alerus Financial National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*