# PPP loan: KGK ELECTRIC CORP.
> **$324K** approved 02/10/2021 · Paid in Full · Loan `6508598404`
## Borrower
- **Name:** KGK ELECTRIC CORP.
- **Address:** 1434 150th St Ste 2 Ste 4, Whitestone, NY, 11357-1745
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 07/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*