PPP Loan information for Kite loft, inc.

$104,500

Kite loft, inc. was initially approved for PPP Loan of amount $104,500, the current approved amount is $104,500. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 6 jobs and $104,500 was used to fund payroll.

Kite loft, inc. is Existing or more than 2 years old

KITE LOFT, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

KITE LOFT, INC.

Borrower Address

511 ATLANTIC AVE

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-4167

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104500.00

Current Approval Amount

104500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-4167

CD

MD-01

Jobs Reported

6

NAICS Code

451120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104500.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

105498.56

Forgiveness Date

03/31/2021

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