PPP Loan information for Kofusion llc

$305,000

Kofusion llc was initially approved for PPP Loan of amount $305,000, the current approved amount is $305,000. The loan was approved on 04/04/2020 by The Morton Community Bank reported 64 jobs and $305,000 was used to fund payroll.

Kofusion llc is New Business or 2 years or less

KOFUSION LLC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KOFUSION LLC

Borrower Address

3102 GLENHILL PL

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61822-9371

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305000.00

Current Approval Amount

305000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-9371

CD

IL-13

Jobs Reported

64

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305000.00

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

22608

Originating Lender

Marine Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

296696.25

Forgiveness Date

11/03/2020

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