# PPP loan: KIWI KAI IMPORTS, INC.
> **$674K** approved 04/15/2020 · Paid in Full · Loan `9023507104`
## Borrower
- **Name:** KIWI KAI IMPORTS, INC.
- **Address:** 17300 Medina Road Ste 100, MINNEAPOLIS, MN, 55447-5607
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $674K
- **Initial approval:** $674K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $564K
- **Rent:** $50K
- **Utilities:** $5K
- **Health care:** $54K
- **Jobs reported:** 44
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*