PPP Loan information for Korson inc

$92,500

Korson inc was initially approved for PPP Loan of amount $92,500, the current approved amount is $92,500. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 12 jobs and $92,500 was used to fund payroll.

Korson inc is Unanswered

KORSON INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KORSON INC

Borrower Address

1906 S OLIVE ST

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46613-1125

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92500.00

Current Approval Amount

92500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46613-1125

CD

IN-02

Jobs Reported

12

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51400.76

Forgiveness Date

08/24/2021

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