PPP Loan information for K&k drive in a&w

$42,700

K&k drive in a&w was initially approved for PPP Loan of amount $42,700, the current approved amount is $42,700. The loan was approved on 04/28/2020 by The Ultima Bank Minnesota reported 22 jobs and $42,700 was used to fund payroll.

K&k drive in a&w is Existing or more than 2 years old

K&K DRIVE IN A&W

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

K&K DRIVE IN A&W

Borrower Address

506 W 1ST ST

Borrower City

FOSSTON

Borrower State

MN

Borrower Zip

56542-1220

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42700.00

Current Approval Amount

42700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOSSTON

Project County Name

POLK

Project State

MN

Project Zip

56542-1220

CD

MN-07

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42700.00

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

Sole Proprietorship

Originating Lender Location Id

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32889.03

Forgiveness Date

12/02/2020

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