PPP Loan information for Krn enterprises inc

$59,300

Krn enterprises inc was initially approved for PPP Loan of amount $59,300, the current approved amount is $59,300. The loan was approved on 04/13/2020 by The First United Bank and Trust Company reported 10 jobs and $59,300 was used to fund payroll.

Krn enterprises inc is Existing or more than 2 years old

KRN ENTERPRISES INC

Date Approved

04/13/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

KRN ENTERPRISES INC

Borrower Address

118 North 7TH AVE

Borrower City

DURANT

Borrower State

OK

Borrower Zip

74701-4756

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59300.00

Current Approval Amount

59300.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

BRYAN

Project State

OK

Project Zip

74701-4756

CD

OK-02

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5930.00

Payroll Proceed

47440.00

Mortgage Interest Proceed

5930.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60055.47

Forgiveness Date

08/09/2021

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