PPP Loan information for Kanon electric, inc.

$190,000

Kanon electric, inc. was initially approved for PPP Loan of amount $190,000, the current approved amount is $190,000. The loan was approved on 04/13/2020 by The Banner Bank reported 16 jobs and $190,000 was used to fund payroll.

Kanon electric, inc. is Existing or more than 2 years old

KANON ELECTRIC, INC.

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

190000.00

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

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edgewood

Project County Name

PIERCE

Project State

WA

Project Zip

98372-1431

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

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

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

192467.40

Forgiveness Date

08/03/2021

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