PPP Loan information for Kala inc

$85,260

Kala inc was initially approved for PPP Loan of amount $85,260, the current approved amount is $85,260. The loan was approved on 01/31/2021 by The Farmers State Bank of Alto Pass, Illinois reported 16 jobs and $85,260 was used to fund payroll.

Kala inc is Existing or more than 2 years old

KALA INC

Date Approved

01/31/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KALA INC

Borrower Address

272 Brucke Strasse

Borrower City

Jasper

Borrower State

IN

Borrower Zip

47546-3400

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85260.00

Current Approval Amount

85260.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jasper

Project County Name

DUBOIS

Project State

IN

Project Zip

47546-3400

CD

IN-08

Jobs Reported

16

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85254.00

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

Corporation

Originating Lender Location Id

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85771.56

Forgiveness Date

09/13/2021

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