# PPP loan: KI INDUSTRIES, INC.
> **$902K** approved 04/09/2020 · Paid in Full · Loan `9534927005`
## Borrower
- **Name:** KI INDUSTRIES, INC.
- **Address:** 5540 McDermott Drive 0.0, Berkeley, IL, 60163-1203
- **NAICS:** 335220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $902K
- **Initial approval:** $902K
- **Forgiven:** $912K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $775K
- **Rent:** $45K
- **Mortgage interest:** $2K
- **Health care:** $80K
- **Jobs reported:** 53
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*