PPP Loan information for Kurrent electric inc.

$320,165

Kurrent electric inc. was initially approved for PPP Loan of amount $320,165, the current approved amount is $320,165. The loan was approved on 01/30/2021 by The South Story Bank & Trust reported 37 jobs and $320,165 was used to fund payroll.

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

KURRENT ELECTRIC INC.

Date Approved

01/30/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

KURRENT ELECTRIC INC.

Borrower Address

2242 229th Pl

Borrower City

Ames

Borrower State

IA

Borrower Zip

50014-6321

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320165.25

Current Approval Amount

320165.25

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ames

Project County Name

BOONE

Project State

IA

Project Zip

50014-6321

CD

IA-04

Jobs Reported

37

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

320162.25

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

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

321997.31

Forgiveness Date

09/07/2021

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