PPP Loan information for Kg steel inc

$325,000

Kg steel inc was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 04/02/2021 by The JPMorgan Chase Bank, National Association reported 24 jobs and $325,000 was used to fund payroll.

Kg steel inc is Existing or more than 2 years old

KG STEEL INC

Date Approved

04/02/2021

SBA Office Code

0883

Processing Method

PPP

Borrower Name

KG STEEL INC

Borrower Address

1765 E 1050 N

Borrower City

Heber City

Borrower State

UT

Borrower Zip

84032-3405

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Heber City

Project County Name

WASATCH

Project State

UT

Project Zip

84032-3405

CD

UT-03

Jobs Reported

24

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325000.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327185.26

Forgiveness Date

12/09/2021

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