# PPP loan: K & M ELECTRIC SUPPLY INC
> **$840K** approved 04/07/2020 · Paid in Full · Loan `7586287006`
## Borrower
- **Name:** K & M ELECTRIC SUPPLY INC
- **Address:** 7641 Central Industrial Drive, RIVIERA BEACH, FL, 33404-3431
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $840K
- **Initial approval:** $890K
- **Forgiven:** $846K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $840K
- **Jobs reported:** 64
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*