PPP Loan information for Kurrent electric, inc.

$220,867

Kurrent electric, inc. was initially approved for PPP Loan of amount $220,867, the current approved amount is $220,867. The loan was approved on 04/07/2020 by The South Story Bank & Trust reported 33 jobs and $220,867 was used to fund payroll.

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

KURRENT ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KURRENT ELECTRIC, INC.

Borrower Address

2242 229th Pl

Borrower City

AMES

Borrower State

IA

Borrower Zip

50014-6321

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220867.29

Current Approval Amount

220867.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25481

Servicing Lender Name

South Story Bank & Trust

Servicing Lender Address

501 Linn St

Servicing Lender City

SLATER

Servicing Lender State

IA

Servicing Lender Zip

50244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50014-6321

CD

IA-04

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1600.00

Payroll Proceed

203267.29

Mortgage Interest Proceed

6000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25481

Originating Lender

South Story Bank & Trust

Originating Lender City

SLATER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222143.41

Forgiveness Date

11/12/2020

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