PPP Loan information for Kinetics corporation

$27,986

Kinetics corporation was initially approved for PPP Loan of amount $27,986, the current approved amount is $27,986. The loan was approved on 01/16/2021 by The BankGloucester reported 2 jobs and $27,986 was used to fund payroll.

Kinetics corporation is Existing or more than 2 years old

PPP Loan Search / MA / Manchester / Kinetics corporation

KINETICS CORPORATION

Date Approved

01/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KINETICS CORPORATION

Borrower Address

1 Dexter Ln

Borrower City

Manchester

Borrower State

MA

Borrower Zip

01944-1279

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27985.70

Current Approval Amount

27985.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manchester

Project County Name

ESSEX

Project State

MA

Project Zip

01944-1279

CD

MA-06

Jobs Reported

2

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27982.70

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28092.28

Forgiveness Date

06/15/2021

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