K-Way Express, Inc.

$692,600 PPP Loan in Winsted, Minnesota

Loan Details

Loan Number
4763257006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$692,600
Current Approval
$692,600
Forgiveness Amount
$698,102
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
K-Way Express, Inc.
Address
1300 6th St S Po Box 266
ZIP Code
55395-7500
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$554,080
Rent
$103,890
Utilities
$34,630

Lender Information

Servicing Lender
Citizens State Bank Norwood Young America
Originating Lender
Citizens State Bank Norwood Young America

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