# PPP loan: KMIN USA, INC.
> **$981K** approved 04/14/2020 · Paid in Full · Loan `6900667105`
## Borrower
- **Name:** KMIN USA, INC.
- **Address:** 1055 TOWEL AVE, VALLEY, AL, 36854-5513
- **NAICS:** 311111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $981K
- **Initial approval:** $981K
- **Forgiven:** $999K (102%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $736K
- **Rent:** $82K
- **Mortgage interest:** $82K
- **Utilities:** $82K
- **Jobs reported:** 101
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*