PPP Loan information for Ktm industries, inc.

$306,000

Ktm industries, inc. was initially approved for PPP Loan of amount $306,000, the current approved amount is $306,000. The loan was approved on 05/01/2020 by The Town Bank, National Association reported 24 jobs and $306,000 was used to fund payroll.

Ktm industries, inc. is New Business or 2 years or less

KTM INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

KTM INDUSTRIES, INC.

Borrower Address

3022 HELSAN DR

Borrower City

RICHFIELD

Borrower State

WI

Borrower Zip

53076-9582

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306000.00

Current Approval Amount

306000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RICHFIELD

Project County Name

WASHINGTON

Project State

WI

Project Zip

53076-9582

CD

WI-05

Jobs Reported

24

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229500.00

Mortgage Interest Proceed

0.00

Rent Proceed

76500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308788.00

Forgiveness Date

03/31/2021

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