PPP Loan information for Kanta electric corp

$1,440,432

Kanta electric corp was initially approved for PPP Loan of amount $1,440,432, the current approved amount is $1,440,432. The loan was approved on 02/03/2021 by The Valley National Bank reported 73 jobs and $1,440,432 was used to fund payroll.

Kanta electric corp is Existing or more than 2 years old

PPP Loan Search / NY / Woodside / Kanta electric corp

KANTA ELECTRIC CORP

Date Approved

02/03/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

KANTA ELECTRIC CORP

Borrower Address

3421 56th St

Borrower City

Woodside

Borrower State

NY

Borrower Zip

11377-2121

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1440432.00

Current Approval Amount

1440432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodside

Project County Name

QUEENS

Project State

NY

Project Zip

11377-2121

CD

NY-06

Jobs Reported

73

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1440430.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1452395.59

Forgiveness Date

12/01/2021

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