PPP Loan information for Knots acquisition, ltd

$237,637

Knots acquisition, ltd was initially approved for PPP Loan of amount $237,637, the current approved amount is $237,637. The loan was approved on 04/08/2020 by The Farmers & Merchants State Bank reported 30 jobs and $237,637 was used to fund payroll.

Knots acquisition, ltd is Existing or more than 2 years old

KNOTS ACQUISITION, LTD

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

KNOTS ACQUISITION, LTD

Borrower Address

709 Airport Road

Borrower City

BURLINGTON

Borrower State

WI

Borrower Zip

53105-6710

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237637.00

Current Approval Amount

237637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76867

Servicing Lender Name

Farmers & Merchants State Bank

Servicing Lender Address

210 W Madison St

Servicing Lender City

WATERLOO

Servicing Lender State

WI

Servicing Lender Zip

53594-1364

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

RACINE

Project State

WI

Project Zip

53105-6710

CD

WI-01

Jobs Reported

30

NAICS Code

336413

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237637.00

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

76867

Originating Lender

Farmers & Merchants State Bank

Originating Lender City

WATERLOO

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229183.68

Forgiveness Date

12/22/2020

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