PPP Loan information for Kato, llc

$114,100

Kato, llc was initially approved for PPP Loan of amount $114,100, the current approved amount is $114,100. The loan was approved on 04/04/2020 by The Citizens Community Federal National Association reported 50 jobs and $114,100 was used to fund payroll.

Kato, llc is New Business or 2 years or less

KATO, LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KATO, LLC

Borrower Address

1856 Madison Avenue

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-5448

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114100.00

Current Approval Amount

114100.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

108056

Servicing Lender Name

Citizens Community Federal National Association

Servicing Lender Address

219 Fairfax St

Servicing Lender City

ALTOONA

Servicing Lender State

WI

Servicing Lender Zip

54720-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-5448

CD

MN-01

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22820.00

Payroll Proceed

91280.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

108056

Originating Lender

Citizens Community Federal National Association

Originating Lender City

ALTOONA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114955.75

Forgiveness Date

01/08/2021

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