PPP Loan information for Kinetic logistics co.

$260,811

Kinetic logistics co. was initially approved for PPP Loan of amount $219,960, the current approved amount is $260,811. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 30 jobs and $260,811 was used to fund payroll.

Kinetic logistics co. is Existing or more than 2 years old

KINETIC LOGISTICS CO.

Date Approved

04/06/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

KINETIC LOGISTICS CO.

Borrower Address

9296 Blue Point

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78132-4310

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219960.00

Current Approval Amount

260811.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78132-4310

CD

TX-21

Jobs Reported

30

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260811.00

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

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

263254.76

Forgiveness Date

03/25/2021

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