PPP Loan information for Kai distributors, inc

$30,900

Kai distributors, inc was initially approved for PPP Loan of amount $30,900, the current approved amount is $30,900. The loan was approved on 04/29/2020 by The Truist Bank reported 3 jobs and $30,900 was used to fund payroll.

Kai distributors, inc is Existing or more than 2 years old

KAI DISTRIBUTORS, INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KAI DISTRIBUTORS, INC

Borrower Address

22 Park Terrace Drive

Borrower City

Clyde

Borrower State

NC

Borrower Zip

28721

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30900.00

Current Approval Amount

30900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clyde

Project County Name

HAYWOOD

Project State

NC

Project Zip

28721-0001

CD

NC-11

Jobs Reported

3

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31110.29

Forgiveness Date

01/07/2021

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