# PPP loan: K.K.B., INC
> **$224K** approved 04/08/2020 · Paid in Full · Loan `8698857010`
## Borrower
- **Name:** K.K.B., INC
- **Address:** 910 STATE HIGHWAY 361, PORT ARANSAS, TX, 78373-4806
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $45K
- **Jobs reported:** 40
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*