PPP Loan information for Kl restaurant midwest properties inc

$62,400

Kl restaurant midwest properties inc was initially approved for PPP Loan of amount $62,400, the current approved amount is $62,400. The loan was approved on 04/16/2020 by The Clear Lake Bank & Trust Company reported 17 jobs and $62,400 was used to fund payroll.

Kl restaurant midwest properties inc is Existing or more than 2 years old

KL RESTAURANT MIDWEST PROPERTIES INC

Date Approved

04/16/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KL RESTAURANT MIDWEST PROPERTIES INC

Borrower Address

2825 E 13TH ST

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-8616

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62400.00

Current Approval Amount

62400.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-8616

CD

IA-04

Jobs Reported

17

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

48900.00

Mortgage Interest Proceed

9000.00

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

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62847.20

Forgiveness Date

01/08/2021

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