PPP Loan information for Kalou motorsport incorporated

$65,000

Kalou motorsport incorporated was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 01/23/2021 by The Old National Bank reported 3 jobs and $65,000 was used to fund payroll.

Kalou motorsport incorporated is Existing or more than 2 years old

KALOU MOTORSPORT INCORPORATED

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

KALOU MOTORSPORT INCORPORATED

Borrower Address

2088 N Rand Rd

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60074-2526

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60074-2526

CD

IL-08

Jobs Reported

3

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

64998.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65447.78

Forgiveness Date

10/04/2021

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