Kinetic Tools INC

$163,697 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
4676867210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$163,697
Current Approval
$163,697
Forgiveness Amount
$165,730
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kinetic Tools INC
Address
2406 Millennium Dr
City
Elgin
ZIP Code
60124-7827
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333991)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$150,958
Rent
$5,778
Utilities
$925
Health Care
$6,036

Lender Information

Servicing Lender
Tbk Bank, Ssb
Originating Lender
Tbk Bank, Ssb

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