PPP Loan information for New kinetic solutions

$50,600

New kinetic solutions was initially approved for PPP Loan of amount $50,600, the current approved amount is $50,600. The loan was approved on 04/10/2020 by The Truist Bank reported 10 jobs and $50,600 was used to fund payroll.

New kinetic solutions is Existing or more than 2 years old

NEW KINETIC SOLUTIONS

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW KINETIC SOLUTIONS

Borrower Address

2200 GATEWAY CENTRE BLVD STE 203

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-6217

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50600.00

Current Approval Amount

50600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-6217

CD

NC-02

Jobs Reported

10

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50889.54

Forgiveness Date

11/17/2020

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