# PPP loan: K & M LOGISTIC INC
> **$289K** approved 04/28/2020 · Paid in Full · Loan `6612017202`
## Borrower
- **Name:** K & M LOGISTIC INC
- **Address:** 5615 Enterprise Drive, LANSING, MI, 48911
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Rent:** $72K
- **Jobs reported:** 33
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*