# PPP loan: KORONIS PARTS, INC.
> **$192K** approved 04/07/2020 · Paid in Full · Loan `6845547002`
## Borrower
- **Name:** KORONIS PARTS, INC.
- **Address:** 17003 LAKE AVE, PAYNESVILLE, MN, 56362-9379
- **NAICS:** 336999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $38K
- **Jobs reported:** 37
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*