PPP Loan information for Kotaco fuels, inc.

$672,200

Kotaco fuels, inc. was initially approved for PPP Loan of amount $672,100, the current approved amount is $672,200. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 66 jobs and $672,200 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

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

KOTACO FUELS, INC.

Borrower Address

1902 7th Ave N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-3206

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672100.00

Current Approval Amount

672200.00

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

66

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

672200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

677390.88

Forgiveness Date

01/20/2021

;