PPP Loan information for Kemco tires inc.

$56,703

Kemco tires inc. was initially approved for PPP Loan of amount $56,703, the current approved amount is $56,703. The loan was approved on 04/27/2020 by The Security State Bank reported 8 jobs and $56,703 was used to fund payroll.

Kemco tires inc. is Existing or more than 2 years old

KEMCO TIRES INC.

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KEMCO TIRES INC.

Borrower Address

1412 Hwy 18 E

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-1112

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56703.07

Current Approval Amount

56703.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24641

Servicing Lender Name

Security State Bank

Servicing Lender Address

1 East State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2641

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-1112

CD

IA-04

Jobs Reported

8

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56703.07

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

24641

Originating Lender

Security State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57150.39

Forgiveness Date

02/09/2021

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