PPP Loan information for Klamath algae products, inc.

$509,434

Klamath algae products, inc. was initially approved for PPP Loan of amount $509,434, the current approved amount is $509,434. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 45 jobs and $509,434 was used to fund payroll.

Klamath algae products, inc. is Existing or more than 2 years old

PPP Loan Search / OR / KLAMATH FALLS / Klamath algae products, inc.

KLAMATH ALGAE PRODUCTS, INC.

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

KLAMATH ALGAE PRODUCTS, INC.

Borrower Address

610 S Broad St

Borrower City

KLAMATH FALLS

Borrower State

OR

Borrower Zip

97601

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

509434.00

Current Approval Amount

509434.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KLAMATH FALLS

Project County Name

KLAMATH

Project State

OR

Project Zip

97601-0001

CD

OR-02

Jobs Reported

45

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22818.70

Payroll Proceed

382075.50

Mortgage Interest Proceed

10017.54

Rent Proceed

67197.16

Refinance EIDL Proceed

0.00

Health Care Proceed

27325.10

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

513122.87

Forgiveness Date

01/25/2021

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