PPP Loan information for Klausing group, inc.

$501,508

Klausing group, inc. was initially approved for PPP Loan of amount $501,508, the current approved amount is $501,508. The loan was approved on 04/11/2020 by The Fifth Third Bank reported 50 jobs and $501,508 was used to fund payroll.

Klausing group, inc. is Existing or more than 2 years old

KLAUSING GROUP, INC.

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

KLAUSING GROUP, INC.

Borrower Address

1356 CAHILL DR

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40504-1164

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501507.50

Current Approval Amount

501507.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40504-1164

CD

KY-06

Jobs Reported

50

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

501507.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505045.91

Forgiveness Date

12/31/2020

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