PPP Loan information for Kabb management inc

$907,389

Kabb management inc was initially approved for PPP Loan of amount $907,389, the current approved amount is $907,389. The loan was approved on 04/09/2020 by The Mercantile Bank reported 187 jobs and $907,389 was used to fund payroll.

Kabb management inc is Existing or more than 2 years old

PPP Loan Search / MI / LOWELL / Kabb management inc

KABB MANAGEMENT INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KABB MANAGEMENT INC

Borrower Address

345 River Place

Borrower City

LOWELL

Borrower State

MI

Borrower Zip

49331-9058

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

907389.00

Current Approval Amount

907389.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

KENT

Project State

MI

Project Zip

49331-9058

CD

MI-03

Jobs Reported

187

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47946.00

Payroll Proceed

680541.00

Mortgage Interest Proceed

76946.00

Rent Proceed

69518.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32438.00

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

914498.95

Forgiveness Date

01/28/2021

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