PPP Loan information for K w express inc

$53,575

K w express inc was initially approved for PPP Loan of amount $53,575, the current approved amount is $53,575. The loan was approved on 04/10/2020 by The Mercantile Bank reported 5 jobs and $53,575 was used to fund payroll.

K w express inc is Existing or more than 2 years old

K W EXPRESS INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

K W EXPRESS INC

Borrower Address

6100 Belding Rd

Borrower City

BELDING

Borrower State

MI

Borrower Zip

48809-8503

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53574.87

Current Approval Amount

53574.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELDING

Project County Name

IONIA

Project State

MI

Project Zip

48809-8503

CD

MI-02

Jobs Reported

5

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41948.89

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11625.98

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53966.77

Forgiveness Date

01/11/2021

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