PPP Loan information for Korterra, inc.

$591,300

Korterra, inc. was initially approved for PPP Loan of amount $591,300, the current approved amount is $591,300. The loan was approved on 04/10/2020 by The Old National Bank reported 38 jobs and $591,300 was used to fund payroll.

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

PPP Loan Search / MN / CHANHASSEN / Korterra, inc.

KORTERRA, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KORTERRA, INC.

Borrower Address

18946 LAKE DR E

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-9348

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591300.00

Current Approval Amount

591300.00

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

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-9348

CD

MN-03

Jobs Reported

38

NAICS Code

541512

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591300.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594475.20

Forgiveness Date

11/03/2020

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