PPP Loan information for Kbc group inc

$2,045,000

Kbc group inc was initially approved for PPP Loan of amount $2,045,000, the current approved amount is $2,045,000. The loan was approved on 04/04/2020 by The Northwest Bank reported 118 jobs and $2,045,000 was used to fund payroll.

Kbc group inc is Existing or more than 2 years old

KBC GROUP INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KBC GROUP INC

Borrower Address

3400 109th St

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-8104

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2045000.00

Current Approval Amount

2045000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-8104

CD

IA-03

Jobs Reported

118

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2045000.00

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

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2069028.75

Forgiveness Date

06/11/2021

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