Date Approved
02/24/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
KC KARTS LLC
Borrower Address
625 W Jefferson St
Borrower City
Lake City
Borrower State
MN
Borrower Zip
55041-1371
Loan Status Date
03/29/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.00
Current Approval Amount
6229.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
81265
Servicing Lender Name
Lake City Federal Bank
Servicing Lender Address
201 E Marion St
Servicing Lender City
LAKE CITY
Servicing Lender State
Servicing Lender Zip
55041-1000
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WABASHA
Project State
Project Zip
CD
MN-01
Jobs Reported
1
NAICS Code
441210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Single Member LLC
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
6247.69
Forgiveness Date
06/15/2021