PPP Loan information for Kin-ko ace stores inc - kab0493

$297,358

Kin-ko ace stores inc - kab0493 was initially approved for PPP Loan of amount $297,358, the current approved amount is $297,358. The loan was approved on 01/27/2021 by The Busey Bank reported 67 jobs and $297,358 was used to fund payroll.

Kin-ko ace stores inc - kab0493 is Existing or more than 2 years old

PPP Loan Search / IL / Downers Grove / Kin-ko ace stores inc - kab0493

KIN-KO ACE STORES INC - KAB0493

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

KIN-KO ACE STORES INC - KAB0493

Borrower Address

6216 Main St

Borrower City

Downers Grove

Borrower State

IL

Borrower Zip

60516-1908

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297358.00

Current Approval Amount

297358.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downers Grove

Project County Name

DUPAGE

Project State

IL

Project Zip

60516-1908

CD

IL-06

Jobs Reported

67

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297357.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299264.35

Forgiveness Date

09/23/2021

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