PPP Loan information for Kobo products inc

$2,913,955

Kobo products inc was initially approved for PPP Loan of amount $2,913,955, the current approved amount is $2,913,955. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 149 jobs and $2,913,955 was used to fund payroll.

Kobo products inc is Existing or more than 2 years old

KOBO PRODUCTS INC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KOBO PRODUCTS INC

Borrower Address

3474 South Clinton Avenue 0.0

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080-1320

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2913955.00

Current Approval Amount

2913955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-1320

CD

NJ-06

Jobs Reported

149

NAICS Code

325620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

2688955.00

Mortgage Interest Proceed

125000.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2947509.19

Forgiveness Date

06/11/2021

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