PPP Loan information for K & k motors inc

$74,792

K & k motors inc was initially approved for PPP Loan of amount $74,792, the current approved amount is $74,792. The loan was approved on 02/01/2021 by The Ciera Bank reported 13 jobs and $74,792 was used to fund payroll.

K & k motors inc is Existing or more than 2 years old

K & K MOTORS INC

Date Approved

02/01/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

K & K MOTORS INC

Borrower Address

1739 Highway 67

Borrower City

Clinton

Borrower State

IA

Borrower Zip

52732-9542

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74792.03

Current Approval Amount

74792.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70047

Servicing Lender Name

Ciera Bank

Servicing Lender Address

623 Elm St

Servicing Lender City

GRAHAM

Servicing Lender State

TX

Servicing Lender Zip

76450-3088

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

CLINTON

Project State

IA

Project Zip

52732-9542

CD

IA-01

Jobs Reported

13

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74789.03

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

70047

Originating Lender

Ciera Bank

Originating Lender City

GRAHAM

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75060.46

Forgiveness Date

06/15/2021

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