PPP Loan information for Kinetic electric company, llc

$61,535

Kinetic electric company, llc was initially approved for PPP Loan of amount $61,536, the current approved amount is $61,535. The loan was approved on 04/06/2020 by The Bank of Tennessee reported 15 jobs and $61,535 was used to fund payroll.

Kinetic electric company, llc is Existing or more than 2 years old

KINETIC ELECTRIC COMPANY, LLC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KINETIC ELECTRIC COMPANY, LLC

Borrower Address

P. O. Box 277

Borrower City

HAMPTON

Borrower State

TN

Borrower Zip

37658

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61535.89

Current Approval Amount

61535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

CARTER

Project State

TN

Project Zip

37658-0001

CD

TN-01

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61535.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62071.72

Forgiveness Date

02/25/2021

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