# PPP loan: KTA LLC
> **$194K** approved 04/15/2020 · Paid in Full · Loan `9080637104`
## Borrower
- **Name:** KTA LLC
- **Address:** 627 MAIN ST, AMES, IA, 50010-6062
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $21K
- **Utilities:** $4K
- **Health care:** $8K
- **Jobs reported:** 11
## Lender
- **Originating:** Exchange State Bank
- **Servicing:** Exchange State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*