PPP Loan information for Kti inc

$413,934

Kti inc was initially approved for PPP Loan of amount $413,934, the current approved amount is $413,934. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 27 jobs and $413,934 was used to fund payroll.

Kti inc is Existing or more than 2 years old

KTI INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KTI INC

Borrower Address

10301 WAYZATA BLVD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55305

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413934.00

Current Approval Amount

413934.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-0001

CD

MN-03

Jobs Reported

27

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

413934.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

416222.14

Forgiveness Date

11/03/2020

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