PPP Loan information for Ka-wood gear and machine co.

$586,617

Ka-wood gear and machine co. was initially approved for PPP Loan of amount $586,617, the current approved amount is $586,617. The loan was approved on 04/28/2020 by The Comerica Bank reported 33 jobs and $586,617 was used to fund payroll.

Ka-wood gear and machine co. is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Ka-wood gear and machine co.

KA-WOOD GEAR AND MACHINE CO.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KA-WOOD GEAR AND MACHINE CO.

Borrower Address

32500 Industrial Dr

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-5003

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586617.00

Current Approval Amount

586617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-5003

CD

MI-11

Jobs Reported

33

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

469293.60

Mortgage Interest Proceed

117323.40

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

590511.49

Forgiveness Date

01/04/2021

;