PPP Loan information for Kunkel electric, inc.

$56,300

Kunkel electric, inc. was initially approved for PPP Loan of amount $56,300, the current approved amount is $56,300. The loan was approved on 04/29/2020 by The Community Bank Mankato reported 5 jobs and $56,300 was used to fund payroll.

Kunkel electric, inc. is Existing or more than 2 years old

KUNKEL ELECTRIC, INC.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KUNKEL ELECTRIC, INC.

Borrower Address

58799 142ND ST

Borrower City

MAPLETON

Borrower State

MN

Borrower Zip

56065-5669

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56300.00

Current Approval Amount

56300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLETON

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56065-5669

CD

MN-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5630.00

Payroll Proceed

45040.00

Mortgage Interest Proceed

5630.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56764.48

Forgiveness Date

02/23/2021

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