PPP Loan information for Kloster industrial assets inc

$95,000

Kloster industrial assets inc was initially approved for PPP Loan of amount $95,000, the current approved amount is $95,000. The loan was approved on 04/15/2020 by The Lake Central Bank reported 7 jobs and $95,000 was used to fund payroll.

Kloster industrial assets inc is Existing or more than 2 years old

KLOSTER INDUSTRIAL ASSETS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KLOSTER INDUSTRIAL ASSETS INC

Borrower Address

606 25TH AVE S Suite #104

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-4810

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95000.00

Current Approval Amount

95000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-4810

CD

MN-06

Jobs Reported

7

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95000.00

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

Corporation

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95612.22

Forgiveness Date

12/09/2020

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