PPP Loan information for Knowledge technology solutions inc

$615,400

Knowledge technology solutions inc was initially approved for PPP Loan of amount $615,400, the current approved amount is $615,400. The loan was approved on 04/04/2020 by The Northwest Bank reported 38 jobs and $615,400 was used to fund payroll.

Knowledge technology solutions inc is Existing or more than 2 years old

KNOWLEDGE TECHNOLOGY SOLUTIONS INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KNOWLEDGE TECHNOLOGY SOLUTIONS INC

Borrower Address

6500 University Ave

Borrower City

WINDSOR HEIGHTS

Borrower State

IA

Borrower Zip

50324-1606

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

615400.00

Current Approval Amount

615400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDSOR HEIGHTS

Project County Name

POLK

Project State

IA

Project Zip

50324-1606

CD

IA-03

Jobs Reported

38

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

559700.00

Mortgage Interest Proceed

0.00

Rent Proceed

22900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

618870.17

Forgiveness Date

11/03/2020

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