PPP Loan information for Km electric

$11,000

Km electric was initially approved for PPP Loan of amount $11,000, the current approved amount is $11,000. The loan was approved on 06/11/2020 by The First State Bank reported 1 jobs and $11,000 was used to fund payroll.

Km electric is Existing or more than 2 years old

KM ELECTRIC

Date Approved

06/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KM ELECTRIC

Borrower Address

1347 CHEYENNE AVE

Borrower City

CHARLES CITY

Borrower State

IA

Borrower Zip

50616-9035

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11000.00

Current Approval Amount

11000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433690

Servicing Lender Name

First State Bank

Servicing Lender Address

401 Main St

Servicing Lender City

NASHUA

Servicing Lender State

IA

Servicing Lender Zip

50658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLES CITY

Project County Name

FLOYD

Project State

IA

Project Zip

50616-9035

CD

IA-02

Jobs Reported

1

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11000.00

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

433690

Originating Lender

First State Bank

Originating Lender City

NASHUA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11035.44

Forgiveness Date

10/13/2020

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