# PPP loan: KD HOLDING COMPANY INC
> **$459K** approved 04/06/2020 · Paid in Full · Loan `6436617009`
## Borrower
- **Name:** KD HOLDING COMPANY INC
- **Address:** 21625 GRENADA AVE, LAKEVILLE, MN, 55044-9083
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $27K
- **Utilities:** $16K
- **Jobs reported:** 32
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*