Klamath Algae Products, Inc.

$509,434 PPP Loan in Klamath Falls, Oregon

Loan Details

Loan Number
1972227708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$509,434
Current Approval
$509,434
Forgiveness Amount
$513,123
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Klamath Algae Products, Inc.
Address
610 S Broad St
State
Oregon
ZIP Code
97601
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424490)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
OR-02

Loan Use Breakdown

Payroll
$382,076
Rent
$67,197
Utilities
$22,819
Health Care
$27,325
Mortgage Interest
$10,018

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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