# PPP loan: K & N ELECTRIC, INC
> **$251K** approved 05/01/2020 · Paid in Full · Loan `9700337709`
## Borrower
- **Name:** K & N ELECTRIC, INC
- **Address:** 4909 Rondo Drive, Fort Worth, TX, 76106
- **NAICS:** 533110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 25
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*