PPP Loan information for K tool, llc

$49,000

K tool, llc was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 04/28/2020 by The Signature Bank, National Association reported 5 jobs and $49,000 was used to fund payroll.

K tool, llc is Existing or more than 2 years old

K TOOL, LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

K TOOL, LLC

Borrower Address

7325 Douglas Rd.

Borrower City

LAMBERTVILLE

Borrower State

MI

Borrower Zip

48144-9491

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAMBERTVILLE

Project County Name

MONROE

Project State

MI

Project Zip

48144-9491

CD

MI-05

Jobs Reported

5

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2450.00

Payroll Proceed

41650.00

Mortgage Interest Proceed

1225.00

Rent Proceed

3675.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49347.70

Forgiveness Date

01/20/2021

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