PPP Loan information for Kb restaurant inc

$122,500

Kb restaurant inc was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 01/21/2021 by The MidCountry Bank reported 15 jobs and $122,500 was used to fund payroll.

Kb restaurant inc is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Kb restaurant inc

KB RESTAURANT INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KB RESTAURANT INC

Borrower Address

10643 Zinran Cir S

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55438-2260

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-2260

CD

MN-03

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122495.00

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

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

123097.40

Forgiveness Date

07/30/2021

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