Kinetic Fuel Technology, Inc.

$130,800 PPP Loan in Youngstown, New York

Loan Details

Loan Number
1001907207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$130,800
Current Approval
$130,800
Forgiveness Amount
$131,588
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Kinetic Fuel Technology, Inc.
Address
1205 Balmer Road
ZIP Code
14174
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325199)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$112,684
Rent
$5,600
Utilities
$2,258
Health Care
$10,258

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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