PPP Loan information for K-w electric, inc.

$900,000

K-w electric, inc. was initially approved for PPP Loan of amount $900,000, the current approved amount is $900,000. The loan was approved on 04/03/2020 by The Hiawatha National Bank reported 75 jobs and $900,000 was used to fund payroll.

K-w electric, inc. is Existing or more than 2 years old

K-W ELECTRIC, INC.

Date Approved

04/03/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

K-W ELECTRIC, INC.

Borrower Address

N5875 County RoadM

Borrower City

PLYMOUTH

Borrower State

WI

Borrower Zip

53073

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900000.00

Current Approval Amount

900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75967

Servicing Lender Name

Hiawatha National Bank

Servicing Lender Address

N1555 770th St

Servicing Lender City

HAGER CITY

Servicing Lender State

WI

Servicing Lender Zip

54014-8027

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53073-0011

CD

WI-06

Jobs Reported

75

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

850000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75967

Originating Lender

Hiawatha National Bank

Originating Lender City

HAGER CITY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

906350.00

Forgiveness Date

12/28/2020

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