PPP Loan information for Kng inc

$50,000

Kng inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/15/2020 by The Southern Bancorp Bank reported 44 jobs and $50,000 was used to fund payroll.

Kng inc is Existing or more than 2 years old

KNG INC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

KNG INC

Borrower Address

2342 HIGHWAY 82

Borrower City

GREENWOOD

Borrower State

MS

Borrower Zip

38930-2700

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENWOOD

Project County Name

LEFLORE

Project State

MS

Project Zip

38930-2700

CD

MS-02

Jobs Reported

44

NAICS Code

448150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50363.01

Forgiveness Date

01/08/2021

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