PPP Loan information for K40 electronics

$256,500

K40 electronics was initially approved for PPP Loan of amount $256,500, the current approved amount is $256,500. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 17 jobs and $256,500 was used to fund payroll.

K40 electronics is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / K40 electronics

K40 ELECTRONICS

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

K40 ELECTRONICS

Borrower Address

600 Tollgate Rd Ste A

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256500.00

Current Approval Amount

256500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

17

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254486.53

Forgiveness Date

02/25/2021

;