PPP Loan information for Kal's inc

$283,400

Kal's inc was initially approved for PPP Loan of amount $283,400, the current approved amount is $283,400. The loan was approved on 04/05/2020 by The Wadena State Bank reported 29 jobs and $283,400 was used to fund payroll.

Kal's inc is Existing or more than 2 years old

PPP Loan Search / MN / WADENA / Kal's inc

KAL'S INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KAL'S INC

Borrower Address

1000 Jefferson Street N

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-1852

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283400.00

Current Approval Amount

283400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-1852

CD

MN-07

Jobs Reported

29

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283400.00

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

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

267508.46

Forgiveness Date

01/20/2021

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