PPP Loan information for Kgn inc

$60,395

Kgn inc was initially approved for PPP Loan of amount $60,395, the current approved amount is $60,395. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $60,395 was used to fund payroll.

Kgn inc is Existing or more than 2 years old

KGN INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KGN INC

Borrower Address

1282A TOWN CENTRE DR

Borrower City

EAGAN

Borrower State

MN

Borrower Zip

55123-1064

Loan Status Date

02/16/2023

Loan Status

Charged Off

Term

27

SBA Guaranty Percentage

100

Initial Approval Amount

60395.00

Current Approval Amount

60395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAGAN

Project County Name

DAKOTA

Project State

MN

Project Zip

55123-1064

CD

MN-02

Jobs Reported

3

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60395.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21386.54

Forgiveness Date

07/28/2022

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