# PPP loan: KIP AMERICA INC
> **$961K** approved 03/25/2021 · Paid in Full · Loan `8951778610`
## Borrower
- **Name:** KIP AMERICA INC
- **Address:** 39575 W 13 Mile Rd, Novi, MI, 48377-2303
- **NAICS:** 333316
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $961K
- **Initial approval:** $961K
- **Forgiven:** $975K (101%)
- **Forgiveness date:** 09/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $961K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*