PPP Loan information for Kts solutions, inc.

$940,700

Kts solutions, inc. was initially approved for PPP Loan of amount $1,021,400, the current approved amount is $940,700. The loan was approved on 01/16/2021 by The Newtek Small Business Finance, Inc. reported 131 jobs and $940,700 was used to fund payroll.

Kts solutions, inc. is Existing or more than 2 years old

KTS SOLUTIONS, INC.

Date Approved

01/16/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

KTS SOLUTIONS, INC.

Borrower Address

1040 University Blvd

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23703-2650

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1021400.00

Current Approval Amount

940700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23703-2650

CD

VA-03

Jobs Reported

131

NAICS Code

485991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

940695.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

949009.52

Forgiveness Date

01/14/2022

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