PPP Loan information for Kt industries, inc.

$443,900

Kt industries, inc. was initially approved for PPP Loan of amount $443,900, the current approved amount is $443,900. The loan was approved on 04/05/2020 by The Citizens State Bank reported 36 jobs and $443,900 was used to fund payroll.

Kt industries, inc. is Existing or more than 2 years old

KT INDUSTRIES, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KT INDUSTRIES, INC.

Borrower Address

3112 NORTHWEST BLVD

Borrower City

SHELDON

Borrower State

IA

Borrower Zip

51201-7538

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

443900.00

Current Approval Amount

443900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25457

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

808 3rd Ave

Servicing Lender City

SHELDON

Servicing Lender State

IA

Servicing Lender Zip

51201-1547

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELDON

Project County Name

SIOUX

Project State

IA

Project Zip

51201-7538

CD

IA-04

Jobs Reported

36

NAICS Code

423710

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2358.00

Payroll Proceed

391474.00

Mortgage Interest Proceed

0.00

Rent Proceed

20400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29668.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25457

Originating Lender

Citizens State Bank

Originating Lender City

SHELDON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

446636.37

Forgiveness Date

11/27/2020

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