# PPP loan: K.G.M., INC.
> **$189K** approved 04/08/2020 · Paid in Full · Loan `8059107001`
## Borrower
- **Name:** K.G.M., INC.
- **Address:** 7826 CALUMET AVE Suite A, MUNSTER, IN, 46321-1200
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $13K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Jobs reported:** 28
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*