PPP Loan information for King's ridge express, inc.

$56,400

King's ridge express, inc. was initially approved for PPP Loan of amount $56,400, the current approved amount is $56,400. The loan was approved on 04/11/2020 by The Magnifi Financial CU reported 6 jobs and $56,400 was used to fund payroll.

King's ridge express, inc. is New Business or 2 years or less

PPP Loan Search / MN / FREEPORT / King's ridge express, inc.

KING'S RIDGE EXPRESS, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KING'S RIDGE EXPRESS, INC.

Borrower Address

39627 COUNTY ROAD 11

Borrower City

FREEPORT

Borrower State

MN

Borrower Zip

56331-9694

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56400.00

Current Approval Amount

56400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FREEPORT

Project County Name

STEARNS

Project State

MN

Project Zip

56331-9694

CD

MN-07

Jobs Reported

6

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48900.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57113.88

Forgiveness Date

07/27/2021

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