PPP Loan information for Knit-rite, inc. ii

$1,917,400

Knit-rite, inc. ii was initially approved for PPP Loan of amount $1,917,400, the current approved amount is $1,917,400. The loan was approved on 04/06/2020 by The Commerce Bank reported 175 jobs and $1,917,400 was used to fund payroll.

Knit-rite, inc. ii is Existing or more than 2 years old

KNIT-RITE, INC. II

Date Approved

04/06/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

KNIT-RITE, INC. II

Borrower Address

120 Osage Ave

Borrower City

KANSAS CITY

Borrower State

KS

Borrower Zip

66105-1415

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1917400.00

Current Approval Amount

1917400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANSAS CITY

Project County Name

WYANDOTTE

Project State

KS

Project Zip

66105-1415

CD

KS-02

Jobs Reported

175

NAICS Code

334510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1917400.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1938704.44

Forgiveness Date

05/21/2021

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