PPP Loan information for King bros inc

$108,700

King bros inc was initially approved for PPP Loan of amount $108,700, the current approved amount is $108,700. The loan was approved on 04/04/2020 by The Farmers State Bank reported 10 jobs and $108,700 was used to fund payroll.

King bros inc is Existing or more than 2 years old

KING BROS INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

KING BROS INC

Borrower Address

2433 PELICAN CT

Borrower City

KALONA

Borrower State

IA

Borrower Zip

52247-7605

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108700.00

Current Approval Amount

108700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALONA

Project County Name

WASHINGTON

Project State

IA

Project Zip

52247-7605

CD

IA-01

Jobs Reported

10

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10850.00

Payroll Proceed

87000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

109740.12

Forgiveness Date

04/15/2021

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