PPP Loan information for K2 electric incorporated

$343,100

K2 electric incorporated was initially approved for PPP Loan of amount $343,100, the current approved amount is $343,100. The loan was approved on 04/08/2020 by The Central Bank reported 43 jobs and $343,100 was used to fund payroll.

K2 electric incorporated is Existing or more than 2 years old

K2 ELECTRIC INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

K2 ELECTRIC INCORPORATED

Borrower Address

2520 WEST PEBBLE CREEK LN

Borrower City

LEHI

Borrower State

UT

Borrower Zip

84043-4768

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343100.00

Current Approval Amount

343100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72790

Servicing Lender Name

Central Bank

Servicing Lender Address

75 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84601-4429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEHI

Project County Name

UTAH

Project State

UT

Project Zip

84043-4768

CD

UT-03

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

343100.00

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

72790

Originating Lender

Central Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

344989.40

Forgiveness Date

11/05/2020

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