PPP Loan information for Kinetic technologies inc

$875,517

Kinetic technologies inc was initially approved for PPP Loan of amount $675,506, the current approved amount is $875,517. The loan was approved on 04/28/2020 by The Cathay Bank reported 64 jobs and $875,517 was used to fund payroll.

Kinetic technologies inc is Existing or more than 2 years old

KINETIC TECHNOLOGIES INC

Date Approved

04/28/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

KINETIC TECHNOLOGIES INC

Borrower Address

6399 San Ignacio Ave Suite 250

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95119-1215

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675506.00

Current Approval Amount

875517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95119-1215

CD

CA-19

Jobs Reported

64

NAICS Code

334413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

875517.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

880064.82

Forgiveness Date

11/05/2020

;