# PPP loan: KING TRUCKING LLC
> **$196K** approved 06/01/2020 · Paid in Full · Loan `6444457804`
## Borrower
- **Name:** KING TRUCKING LLC
- **Address:** 299 Boyd Avenue, Jersey City, NJ, 07304-1103
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 11/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*