K&n Electric Motors, INC

$868,268 PPP Loan in Spokane Valley, Washington

Loan Details

Loan Number
7832087110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$868,268
Current Approval
$868,268
Forgiveness Amount
$875,571
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
K&n Electric Motors, INC
Address
415 N Fancher Rd
ZIP Code
99212
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$18.4M
Rural/Urban
Urban
Congressional District
WA-05

Loan Use Breakdown

Payroll
$651,201
Utilities
$52,096
Mortgage Interest
$112,875
Debt Interest
$52,096

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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