PPP Loan information for Kato manufacturing, llc

$96,500

Kato manufacturing, llc was initially approved for PPP Loan of amount $96,500, the current approved amount is $96,500. The loan was approved on 04/04/2020 by The ProGrowth Bank reported 11 jobs and $96,500 was used to fund payroll.

Kato manufacturing, llc is New Business or 2 years or less

KATO MANUFACTURING, LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KATO MANUFACTURING, LLC

Borrower Address

480 N. INDUSTRIAL RD

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3004

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96500.00

Current Approval Amount

96500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38693

Servicing Lender Name

ProGrowth Bank

Servicing Lender Address

703 3rd St

Servicing Lender City

NICOLLET

Servicing Lender State

MN

Servicing Lender Zip

56074-6074

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

56001-3004

CD

MN-01

Jobs Reported

11

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

77200.00

Mortgage Interest Proceed

4000.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3600.00

Debt Interest Proceed

3700

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38693

Originating Lender

ProGrowth Bank

Originating Lender City

NICOLLET

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

97218.39

Forgiveness Date

01/07/2021

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