# PPP loan: KOLE IMPORTS INC.
> **$904K** approved 04/07/2020 · Paid in Full · Loan `7505757004`
## Borrower
- **Name:** KOLE IMPORTS INC.
- **Address:** 24600 S MAIN ST, CARSON, CA, 90745-6308
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $904K
- **Initial approval:** $904K
- **Forgiven:** $912K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $769K
- **Rent:** $90K
- **Utilities:** $45K
- **Jobs reported:** 90
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*