PPP Loan information for Kabrick distributing company of mason city, inc.

$363,200

Kabrick distributing company of mason city, inc. was initially approved for PPP Loan of amount $363,200, the current approved amount is $363,200. The loan was approved on 04/08/2020 by The First Citizens Bank reported 28 jobs and $363,200 was used to fund payroll.

Kabrick distributing company of mason city, inc. is Existing or more than 2 years old

KABRICK DISTRIBUTING COMPANY OF MASON CITY, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KABRICK DISTRIBUTING COMPANY OF MASON CITY, INC.

Borrower Address

1809 S BENJAMIN AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-5610

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363200.00

Current Approval Amount

363200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-5610

CD

IA-02

Jobs Reported

28

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

272400.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365540.62

Forgiveness Date

12/02/2020

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