# PPP loan: KAFER TILING & EXCAVATING, INC
> **$282K** approved 04/15/2020 · Paid in Full · Loan `9937887109`
## Borrower
- **Name:** KAFER TILING & EXCAVATING, INC
- **Address:** 22725 E 825 NORTH RD, FAIRBURY, IL, 61739-9200
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $10K
- **Utilities:** $4K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of Pontiac
- **Servicing:** Bank of Pontiac (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*