# PPP loan: KB STAMPING INC
> **$202K** approved 02/17/2021 · Paid in Full · Loan `9527488405`
## Borrower
- **Name:** KB STAMPING INC
- **Address:** 8110 Graphic Dr NE, Belmont, MI, 49306-9448
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Grand River Bank
- **Servicing:** Grand River Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*