PPP Loan information for K-rise systems incorporated

$371,900

K-rise systems incorporated was initially approved for PPP Loan of amount $371,900, the current approved amount is $371,900. The loan was approved on 04/28/2020 by The Busey Bank reported 25 jobs and $371,900 was used to fund payroll.

K-rise systems incorporated is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / K-rise systems incorporated

K-RISE SYSTEMS INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

K-RISE SYSTEMS INCORPORATED

Borrower Address

75 EXECUTIVE DR #431

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60504

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371900.00

Current Approval Amount

371900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-0003

CD

IL-11

Jobs Reported

25

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

278925.00

Mortgage Interest Proceed

0.00

Rent Proceed

92975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

373805.35

Forgiveness Date

11/03/2020

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