PPP Loan information for Kanta electric corporation

$1,440,432

Kanta electric corporation was initially approved for PPP Loan of amount $1,440,432, the current approved amount is $1,440,432. The loan was approved on 04/11/2020 by The Valley National Bank reported 45 jobs and $1,440,432 was used to fund payroll.

Kanta electric corporation is Existing or more than 2 years old

PPP Loan Search / NY / WOODSIDE / Kanta electric corporation

KANTA ELECTRIC CORPORATION

Date Approved

04/11/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

KANTA ELECTRIC CORPORATION

Borrower Address

34-21 56th Street

Borrower City

WOODSIDE

Borrower State

NY

Borrower Zip

11377-1519

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

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

11377-1519

CD

NY-06

Jobs Reported

45

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1440432.00

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

1456236.74

Forgiveness Date

05/21/2021

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