PPP Loan information for K2 partnership

$144,197

K2 partnership was initially approved for PPP Loan of amount $102,500, the current approved amount is $144,197. The loan was approved on 04/05/2020 by The Dacotah Bank reported 22 jobs and $144,197 was used to fund payroll.

K2 partnership is Existing or more than 2 years old

PPP Loan Search / SD / ABERDEEN / K2 partnership

K2 PARTNERSHIP

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

K2 PARTNERSHIP

Borrower Address

2011 8TH AVE NE

Borrower City

ABERDEEN

Borrower State

SD

Borrower Zip

57401-3210

Loan Status Date

06/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

144197.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

BROWN

Project State

SD

Project Zip

57401-3210

CD

SD-

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144197.00

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

Partnership

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145514.80

Forgiveness Date

03/10/2021

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