PPP Loan information for Kt power systems, inc.

$972,700

Kt power systems, inc. was initially approved for PPP Loan of amount $972,700, the current approved amount is $972,700. The loan was approved on 04/06/2020 by The Montgomery Bank reported 51 jobs and $972,700 was used to fund payroll.

Kt power systems, inc. is Existing or more than 2 years old

KT POWER SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

KT POWER SYSTEMS, INC.

Borrower Address

733 COUNTY ROAD 638

Borrower City

CAPE GIRARDEAU

Borrower State

MO

Borrower Zip

63701-8962

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

972700.00

Current Approval Amount

972700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAPE GIRARDEAU

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63701-8962

CD

MO-08

Jobs Reported

51

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

97300.00

Payroll Proceed

778100.00

Mortgage Interest Proceed

0.00

Rent Proceed

97300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

978211.97

Forgiveness Date

11/05/2020

;