PPP Loan information for Kota connections inc

$104,445

Kota connections inc was initially approved for PPP Loan of amount $104,445, the current approved amount is $104,445. The loan was approved on 04/10/2020 by The Sterling State Bank reported 18 jobs and $104,445 was used to fund payroll.

Kota connections inc is Existing or more than 2 years old

KOTA CONNECTIONS INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KOTA CONNECTIONS INC

Borrower Address

8500 210TH ST W STE 148

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-5702

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104445.00

Current Approval Amount

104445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-5702

CD

MN-02

Jobs Reported

18

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104445.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105118.09

Forgiveness Date

12/02/2020

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