PPP Loan information for Jkt 55, inc.

$233,580

Jkt 55, inc. was initially approved for PPP Loan of amount $233,580, the current approved amount is $233,580. The loan was approved on 04/05/2020 by The Sterling Bank reported 64 jobs and $233,580 was used to fund payroll.

Jkt 55, inc. is Existing or more than 2 years old

JKT 55, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JKT 55, INC.

Borrower Address

3380 55TH ST NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-0202

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233580.00

Current Approval Amount

233580.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

75627

Servicing Lender Name

Sterling Bank

Servicing Lender Address

234 E LaSalle Ave

Servicing Lender City

BARRON

Servicing Lender State

WI

Servicing Lender Zip

54812-1425

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-0202

CD

MN-01

Jobs Reported

64

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

233580.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75627

Originating Lender

Sterling Bank

Originating Lender City

BARRON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225051.90

Forgiveness Date

12/09/2020

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