PPP Loan information for Kontane inc

$2,347,500

Kontane inc was initially approved for PPP Loan of amount $2,347,500, the current approved amount is $2,347,500. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 263 jobs and $2,347,500 was used to fund payroll.

Kontane inc is New Business or 2 years or less

KONTANE INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KONTANE INC

Borrower Address

PO Box 1702

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28603

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2347500.00

Current Approval Amount

2347500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28603-0001

CD

NC-10

Jobs Reported

263

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2347500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2140602.74

Forgiveness Date

11/15/2021

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