# PPP loan: K2 FABRICATION, INC.
> **$738K** approved 05/01/2020 · Exemption 4 · Loan `9871247700`
## Borrower
- **Name:** K2 FABRICATION, INC.
- **Address:** 545 Alcoa Circle, CORONA, CA, 92878-5420
- **NAICS:** 561920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $597K (81%)
- **Forgiveness date:** 02/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $738K
- **Jobs reported:** 46
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*