PPP Loan information for Ken's iron salvage & recycling inc.

$21,853

Ken's iron salvage & recycling inc. was initially approved for PPP Loan of amount $21,853, the current approved amount is $21,853. The loan was approved on 03/26/2021 by The Magnifi Financial CU reported 3 jobs and $21,853 was used to fund payroll.

Ken's iron salvage & recycling inc. is Existing or more than 2 years old

PPP Loan Search / MN / Sauk Centre / Ken's iron salvage & recycling inc.

KEN'S IRON SALVAGE & RECYCLING INC.

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KEN'S IRON SALVAGE & RECYCLING INC.

Borrower Address

11194 225th Ave

Borrower City

Sauk Centre

Borrower State

MN

Borrower Zip

56378-4750

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21853.00

Current Approval Amount

21853.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sauk Centre

Project County Name

TODD

Project State

MN

Project Zip

56378-4750

CD

MN-07

Jobs Reported

3

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

21850.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21952.98

Forgiveness Date

09/22/2021

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