# PPP loan: KITE ELECTRIC INCORPORATED
> **$857K** approved 04/28/2020 · Paid in Full · Loan `6915127208`
## Borrower
- **Name:** KITE ELECTRIC INCORPORATED
- **Address:** 2 Thomas, Irvine, CA, 92618-2512
- **NAICS:** 238210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $857K
- **Initial approval:** $857K
- **Forgiven:** $869K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $857K
- **Jobs reported:** 56
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*