PPP Loan information for Km enterprises, inc.

$197,500

Km enterprises, inc. was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 04/15/2020 by The Frandsen Bank & Trust reported 22 jobs and $197,500 was used to fund payroll.

Km enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Km enterprises, inc.

KM ENTERPRISES, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KM ENTERPRISES, INC.

Borrower Address

16188 Co Road 29

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-0001

CD

MN-01

Jobs Reported

22

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19750.00

Payroll Proceed

148125.00

Mortgage Interest Proceed

29625.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198538.90

Forgiveness Date

11/03/2020

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