PPP Loan information for Kinetics corporation

$27,985

Kinetics corporation was initially approved for PPP Loan of amount $27,985, the current approved amount is $27,985. The loan was approved on 04/28/2020 by The BankGloucester reported 2 jobs and $27,985 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

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KINETICS CORPORATION

Borrower Address

1 DEXTER LN

Borrower City

MANCHESTER

Borrower State

MA

Borrower Zip

01944-1279

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27985.00

Current Approval Amount

27985.00

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

0.00

Payroll Proceed

27985.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28117.64

Forgiveness Date

10/21/2020

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