PPP Loan information for Kinetic cutting systems, inc.

$237,900

Kinetic cutting systems, inc. was initially approved for PPP Loan of amount $237,900, the current approved amount is $237,900. The loan was approved on 04/10/2020 by The KeyBank National Association reported 12 jobs and $237,900 was used to fund payroll.

Kinetic cutting systems, inc. is Existing or more than 2 years old

PPP Loan Search / IA / WEST BURLINGTON / Kinetic cutting systems, inc.

KINETIC CUTTING SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

KINETIC CUTTING SYSTEMS, INC.

Borrower Address

10960 Zaiser Dr

Borrower City

WEST BURLINGTON

Borrower State

IA

Borrower Zip

52655-8687

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237900.00

Current Approval Amount

237900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52655-8687

CD

IA-01

Jobs Reported

12

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237900.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240891.67

Forgiveness Date

08/02/2021

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