PPP Loan information for K&n electric llc

$41,600

K&n electric llc was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 04/28/2020 by The Deerwood Bank reported 2 jobs and $41,600 was used to fund payroll.

K&n electric llc is Existing or more than 2 years old

K&N ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

K&N ELECTRIC LLC

Borrower Address

29729 Dam Lake St.

Borrower City

AITKIN

Borrower State

MN

Borrower Zip

56431

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AITKIN

Project County Name

AITKIN

Project State

MN

Project Zip

56431-0001

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41885.42

Forgiveness Date

01/07/2021

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