PPP Loan information for King midas inc

$53,590

King midas inc was initially approved for PPP Loan of amount $53,590, the current approved amount is $53,590. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 5 jobs and $53,590 was used to fund payroll.

King midas inc is Existing or more than 2 years old

KING MIDAS INC

Date Approved

05/01/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

KING MIDAS INC

Borrower Address

20 2ND AVE SE

Borrower City

ABERDEEN

Borrower State

SD

Borrower Zip

57401

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53590.00

Current Approval Amount

53590.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

BROWN

Project State

SD

Project Zip

57401-0100

CD

SD-

Jobs Reported

5

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53590.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54222.66

Forgiveness Date

07/15/2021

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