# PPP loan: K&L HOLDING GROUP, INC.
> **$242K** approved 04/28/2020 · Paid in Full · Loan `8132097204`
## Borrower
- **Name:** K&L HOLDING GROUP, INC.
- **Address:** 784 Wall Street Suite 150, O FALLON, IL, 62269-2078
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Rent:** $21K
- **Mortgage interest:** $12K
- **Utilities:** $8K
- **Debt interest:** $632
- **Jobs reported:** 27
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*