PPP Loan information for The kunkel company inc

$237,500

The kunkel company inc was initially approved for PPP Loan of amount $237,500, the current approved amount is $237,500. The loan was approved on 04/06/2020 by The First Minnetonka City Bank reported 11 jobs and $237,500 was used to fund payroll.

The kunkel company inc is Existing or more than 2 years old

THE KUNKEL COMPANY INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE KUNKEL COMPANY INC

Borrower Address

7464 WASHINGTON AVE

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3704

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237500.00

Current Approval Amount

237500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3704

CD

MN-03

Jobs Reported

11

NAICS Code

424480

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

190000.00

Mortgage Interest Proceed

0.00

Rent Proceed

23326.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19174.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239505.56

Forgiveness Date

02/12/2021

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