# PPP loan: K & M MEAT COMPANY, INC.
> **$2.00M** approved 01/28/2021 · Exemption 4 · Loan `7272978310`
## Borrower
- **Name:** K & M MEAT COMPANY, INC.
- **Address:** 2443 E 27th St, Vernon, CA, 90058-1219
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.11M (55%)
- **Forgiveness date:** 05/25/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 191
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*