PPP Loan information for Kahler electric co

$260,000

Kahler electric co was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/28/2020 by The Profinium, Inc. reported 19 jobs and $260,000 was used to fund payroll.

Kahler electric co is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Kahler electric co

KAHLER ELECTRIC CO

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KAHLER ELECTRIC CO

Borrower Address

517 WINNEBAGO AVE

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3606

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3606

CD

MN-01

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260000.00

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

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

261755.00

Forgiveness Date

01/07/2021

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