PPP Loan information for Kit masters inc

$534,567

Kit masters inc was initially approved for PPP Loan of amount $534,567, the current approved amount is $534,567. The loan was approved on 03/12/2021 by The United Community Bank reported 45 jobs and $534,567 was used to fund payroll.

Kit masters inc is Existing or more than 2 years old

PPP Loan Search / MN / Perham / Kit masters inc

KIT MASTERS INC

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KIT MASTERS INC

Borrower Address

825 1st St NE

Borrower City

Perham

Borrower State

MN

Borrower Zip

56573-1856

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

534567.12

Current Approval Amount

534567.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perham

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1856

CD

MN-07

Jobs Reported

45

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

534565.12

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

Subchapter S Corporation

Originating Lender Location Id

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

536822.55

Forgiveness Date

08/17/2021

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