PPP Loan information for Kotaco fuels inc.

$808,129

Kotaco fuels inc. was initially approved for PPP Loan of amount $808,129, the current approved amount is $808,129. The loan was approved on 01/21/2021 by The Cornerstone Bank reported 68 jobs and $808,129 was used to fund payroll.

Kotaco fuels inc. is Existing or more than 2 years old

PPP Loan Search / ND / Fargo / Kotaco fuels inc.

KOTACO FUELS INC.

Date Approved

01/21/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

KOTACO FUELS INC.

Borrower Address

1902 7th Ave N

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58102-3206

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

808129.00

Current Approval Amount

808129.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58102-3206

CD

ND-

Jobs Reported

68

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

808129.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

812663.50

Forgiveness Date

08/18/2021

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