Date Approved
04/13/2020
SBA Office Code
1013
Processing Method
PPP
Borrower Name
KANON ELECTRIC, INC.
Borrower Address
1018 122nd Ave E
Borrower City
Edgewood
Borrower State
WA
Borrower Zip
98372-1431
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
190000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
79430
Servicing Lender Name
Banner Bank
Servicing Lender Address
10 S First Ave
Servicing Lender City
WALLA WALLA
Servicing Lender State
Servicing Lender Zip
99362-1942
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PIERCE
Project State
Project Zip
CD
WA-10
Jobs Reported
16
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
38000.00
Payroll Proceed
152000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
192467.40
Forgiveness Date
08/03/2021