PPP Loan information for Kraft power corporation

$3,192,400

Kraft power corporation was initially approved for PPP Loan of amount $3,192,400, the current approved amount is $3,192,400. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 172 jobs and $3,192,400 was used to fund payroll.

Kraft power corporation is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Kraft power corporation

KRAFT POWER CORPORATION

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KRAFT POWER CORPORATION

Borrower Address

199 WILDWOOD AVENUE

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-2024

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3192400.00

Current Approval Amount

3192400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-2024

CD

MA-05

Jobs Reported

172

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3192400.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3228522.22

Forgiveness Date

06/11/2021

;