PPP Loan information for Kt-ii, inc.

$125,000

Kt-ii, inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/27/2020 by The Isabella Bank reported 41 jobs and $125,000 was used to fund payroll.

Kt-ii, inc. is New Business or 2 years or less

PPP Loan Search / MI / BAY CITY / Kt-ii, inc.

KT-II, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KT-II, INC.

Borrower Address

2910 E WILDER RD

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-9213

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-9213

CD

MI-08

Jobs Reported

41

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

108000.00

Mortgage Interest Proceed

7000.00

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

126140.41

Forgiveness Date

03/31/2021

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