PPP Loan information for Koch school bus service inc

$690,238

Koch school bus service inc was initially approved for PPP Loan of amount $690,238, the current approved amount is $690,238. The loan was approved on 01/23/2021 by The Old National Bank reported 24 jobs and $690,238 was used to fund payroll.

Koch school bus service inc is Existing or more than 2 years old

KOCH SCHOOL BUS SERVICE INC

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KOCH SCHOOL BUS SERVICE INC

Borrower Address

150 Victor Ct

Borrower City

Waconia

Borrower State

MN

Borrower Zip

55387-4501

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

690237.50

Current Approval Amount

690237.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waconia

Project County Name

CARVER

Project State

MN

Project Zip

55387-4501

CD

MN-06

Jobs Reported

24

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

690233.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

695570.29

Forgiveness Date

11/08/2021

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