PPP Loan information for Kala donuts inc

$215,700

Kala donuts inc was initially approved for PPP Loan of amount $215,700, the current approved amount is $215,700. The loan was approved on 04/06/2020 by The BankNewport reported 41 jobs and $215,700 was used to fund payroll.

Kala donuts inc is Existing or more than 2 years old

KALA DONUTS INC

Date Approved

04/06/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

KALA DONUTS INC

Borrower Address

146 Eddy Road

Borrower City

MANCHESTER

Borrower State

NH

Borrower Zip

03102-3231

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215700.00

Current Approval Amount

215700.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03102-3231

CD

NH-01

Jobs Reported

41

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

215700.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

217697.44

Forgiveness Date

03/26/2021

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