PPP Loan information for K & t electric inc

$37,485

K & t electric inc was initially approved for PPP Loan of amount $37,485, the current approved amount is $37,485. The loan was approved on 01/21/2021 by The Cornerstone Bank reported 3 jobs and $37,485 was used to fund payroll.

K & t electric inc is Existing or more than 2 years old

PPP Loan Search / SD / Tea / K & t electric inc

K & T ELECTRIC INC

Date Approved

01/21/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

K & T ELECTRIC INC

Borrower Address

46964 100th

Borrower City

Tea

Borrower State

SD

Borrower Zip

57064

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37485.00

Current Approval Amount

37485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tea

Project County Name

LINCOLN

Project State

SD

Project Zip

57064

CD

SD-

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37483.00

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

Subchapter S Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37642.23

Forgiveness Date

06/29/2021

;