PPP Loan information for K & g tool co.

$183,600

K & g tool co. was initially approved for PPP Loan of amount $183,600, the current approved amount is $183,600. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 15 jobs and $183,600 was used to fund payroll.

K & g tool co. is New Business or 2 years or less

K & G TOOL CO.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

K & G TOOL CO.

Borrower Address

16679 COMSTOCK

Borrower City

GRAND HAVEN

Borrower State

MI

Borrower Zip

49417-8938

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183600.00

Current Approval Amount

183600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRAND HAVEN

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-8938

CD

MI-03

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

185395.76

Forgiveness Date

04/15/2021

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