PPP Loan information for Korsmo, inc.

$470,568

Korsmo, inc. was initially approved for PPP Loan of amount $470,568, the current approved amount is $470,568. The loan was approved on 04/05/2020 by The ONB Bank reported 43 jobs and $470,568 was used to fund payroll.

Korsmo, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Korsmo, inc.

KORSMO, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KORSMO, INC.

Borrower Address

2411 7th St NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-7538

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470567.52

Current Approval Amount

470567.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120125

Servicing Lender Name

ONB Bank

Servicing Lender Address

975 34th Ave NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-6600

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-7538

CD

MN-01

Jobs Reported

43

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

470567.52

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

Subchapter S Corporation

Originating Lender Location Id

120125

Originating Lender

ONB Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

476005.19

Forgiveness Date

06/04/2021

;