PPP Loan information for Kato operations company inc.

$149,500

Kato operations company inc. was initially approved for PPP Loan of amount $149,500, the current approved amount is $149,500. The loan was approved on 01/20/2021 by The Bremer Bank, National Association reported 13 jobs and $149,500 was used to fund payroll.

Kato operations company inc. is Existing or more than 2 years old

KATO OPERATIONS COMPANY INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KATO OPERATIONS COMPANY INC.

Borrower Address

417 Poplar St

Borrower City

Mankato

Borrower State

MN

Borrower Zip

56001-0002

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149500.00

Current Approval Amount

149500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mankato

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-0002

CD

MN-01

Jobs Reported

13

NAICS Code

484210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149495.00

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

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150716.48

Forgiveness Date

11/19/2021

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