# PPP loan: KARCAN, INC
> **$160K** approved 04/28/2020 · Paid in Full · Loan `7504037205`
## Borrower
- **Name:** KARCAN, INC
- **Address:** 10514 MORNING STAR DR, ALBUQUERQUE, NM, 87111-7540
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 32
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*