PPP Loan information for K&b electric, llc

$1,813,132

K&b electric, llc was initially approved for PPP Loan of amount $1,813,132, the current approved amount is $1,813,132. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 185 jobs and $1,813,132 was used to fund payroll.

K&b electric, llc is Existing or more than 2 years old

K&B ELECTRIC, LLC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

K&B ELECTRIC, LLC

Borrower Address

290 CORPORATE CIR

Borrower City

CORONA

Borrower State

CA

Borrower Zip

92879

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1813132.00

Current Approval Amount

1813132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORONA

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92879-0600

CD

CA-41

Jobs Reported

185

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1813132.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1845969.84

Forgiveness Date

02/16/2022

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