PPP Loan information for Kts inc

$236,915

Kts inc was initially approved for PPP Loan of amount $236,915, the current approved amount is $236,915. The loan was approved on 01/29/2021 by The Eastern Bank reported 16 jobs and $236,915 was used to fund payroll.

Kts inc is Existing or more than 2 years old

KTS INC

Date Approved

01/29/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KTS INC

Borrower Address

41R ELM ST UNIT B

Borrower City

STONEHAM

Borrower State

MA

Borrower Zip

02180

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236915.00

Current Approval Amount

236915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STONEHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180

CD

MA-05

Jobs Reported

16

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

236908.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239093.30

Forgiveness Date

01/06/2022

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