PPP Loan information for Kandu indsutries inc

$758,350

Kandu indsutries inc was initially approved for PPP Loan of amount $758,350, the current approved amount is $758,350. The loan was approved on 02/03/2021 by The Johnson Bank reported 249 jobs and $758,350 was used to fund payroll.

Kandu indsutries inc is Existing or more than 2 years old

KANDU INDSUTRIES INC

Date Approved

02/03/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

KANDU INDSUTRIES INC

Borrower Address

1741 Adel St

Borrower City

Janesville

Borrower State

WI

Borrower Zip

53546-2945

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

758350.00

Current Approval Amount

758350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Janesville

Project County Name

ROCK

Project State

WI

Project Zip

53546-2945

CD

WI-01

Jobs Reported

249

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

758347.00

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

Non-Profit Organization

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

763751.95

Forgiveness Date

10/29/2021

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