PPP Loan information for K16 solutions, inc.

$239,500

K16 solutions, inc. was initially approved for PPP Loan of amount $239,500, the current approved amount is $239,500. The loan was approved on 07/21/2020 by The Alerus Financial, National Association reported 14 jobs and $239,500 was used to fund payroll.

K16 solutions, inc. is Existing or more than 2 years old

K16 SOLUTIONS, INC.

Date Approved

07/21/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

K16 SOLUTIONS, INC.

Borrower Address

1475 N. SCOTTSDALE RD SUITE 100

Borrower City

SCOTTSDALE

Borrower State

AZ

Borrower Zip

85257-3402

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239500.00

Current Approval Amount

239500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSDALE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85257-3402

CD

AZ-01

Jobs Reported

14

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

239500.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240850.51

Forgiveness Date

02/17/2021

;