PPP Loan information for King solutions inc.

$2,000,000

King solutions inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/30/2021 by The Old National Bank reported 145 jobs and $2,000,000 was used to fund payroll.

King solutions inc. is Existing or more than 2 years old

PPP Loan Search / MN / Maple Grove / King solutions inc.

KING SOLUTIONS INC.

Date Approved

03/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KING SOLUTIONS INC.

Borrower Address

11011 Holly Ln N

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-9203

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-9203

CD

MN-03

Jobs Reported

145

NAICS Code

493110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2007561.64

Forgiveness Date

08/18/2021

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