PPP Loan information for Kansas city art institute

$2,508,700

Kansas city art institute was initially approved for PPP Loan of amount $2,508,700, the current approved amount is $2,508,700. The loan was approved on 04/10/2020 by The Commerce Bank reported 418 jobs and $2,508,700 was used to fund payroll.

Kansas city art institute is Existing or more than 2 years old

KANSAS CITY ART INSTITUTE

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

KANSAS CITY ART INSTITUTE

Borrower Address

4415 Warwick Blvd

Borrower City

KANSAS CITY

Borrower State

MO

Borrower Zip

64111-1820

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2508700.00

Current Approval Amount

2508700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANSAS CITY

Project County Name

JACKSON

Project State

MO

Project Zip

64111-1820

CD

MO-05

Jobs Reported

418

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8700.00

Payroll Proceed

2500000.00

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

Non-Profit Organization

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2542776.51

Forgiveness Date

08/19/2021

;