PPP Loan information for Kangas construction

$11,500

Kangas construction was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 04/27/2020 by The Magnifi Financial CU reported 2 jobs and $11,500 was used to fund payroll.

Kangas construction is Existing or more than 2 years old

PPP Loan Search / MN / New York Mills / Kangas construction

KANGAS CONSTRUCTION

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KANGAS CONSTRUCTION

Borrower Address

36200 County Highway 67

Borrower City

New York Mills

Borrower State

MN

Borrower Zip

56567

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York Mills

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56567-0001

CD

MN-07

Jobs Reported

2

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11500.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11609.96

Forgiveness Date

04/21/2021

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