PPP Loan information for Konomi, inc

$42,500

Konomi, inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 25 jobs and $42,500 was used to fund payroll.

Konomi, inc is Existing or more than 2 years old

KONOMI, INC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

KONOMI, INC

Borrower Address

843 QUARRY RD

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2211

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2211

CD

IA-01

Jobs Reported

25

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

625.00

Payroll Proceed

31875.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42777.12

Forgiveness Date

12/08/2020

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