Kb Resources, Incorporated

$30,000 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
8924927104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$30,000
Current Approval
$30,000
Forgiveness Amount
$30,180
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kb Resources, Incorporated
Address
14088 Fall Lake Rd
City
Ely
ZIP Code
55731-5515
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561920)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$22,500
Utilities
$3,000
Mortgage Interest
$4,500

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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