# PPP loan: KLASSEN & SMITH CONSTRUCTION
> **$258K** approved 01/28/2021 · Paid in Full · Loan `7309548304`
## Borrower
- **Name:** KLASSEN & SMITH CONSTRUCTION
- **Address:** 1502 Mill Rock Way Ste 170, Bakersfield, CA, 93311-1363
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $258K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*