# PPP loan: KB PETROLEUM LLC
> **$151K** approved 05/05/2021 · Charged Off · Loan `6895318901`
## Borrower
- **Name:** KB PETROLEUM LLC
- **Address:** 78 SW 7th St Ste 500, Miami, FL, 33130-3782
- **NAICS:** 447190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $20K
- **Forgiven:** $83K (55%)
- **Forgiveness date:** 12/08/2022
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 6
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*