PPP Loan information for Kite electric incorporated

$857,400

Kite electric incorporated was initially approved for PPP Loan of amount $857,400, the current approved amount is $857,400. The loan was approved on 01/23/2021 by The Legacy Bank reported 59 jobs and $857,400 was used to fund payroll.

Kite electric incorporated is Existing or more than 2 years old

KITE ELECTRIC INCORPORATED

Date Approved

01/23/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

KITE ELECTRIC INCORPORATED

Borrower Address

2 Thomas

Borrower City

Irvine

Borrower State

CA

Borrower Zip

92618-2512

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

857400.00

Current Approval Amount

857400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvine

Project County Name

ORANGE

Project State

CA

Project Zip

92618-2512

CD

CA-47

Jobs Reported

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

857398.00

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

Partnership

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

865950.18

Forgiveness Date

01/21/2022

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