PPP Loan information for Kai distributors inc

$30,000

Kai distributors inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 03/20/2021 by The Truist Bank reported 2 jobs and $30,000 was used to fund payroll.

Kai distributors inc is Existing or more than 2 years old

PPP Loan Search / NC / Clyde / Kai distributors inc

KAI DISTRIBUTORS INC

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

KAI DISTRIBUTORS INC

Borrower Address

22 Park Terrace Dr

Borrower City

Clyde

Borrower State

NC

Borrower Zip

28721-7445

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

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

28721-7445

CD

NC-11

Jobs Reported

2

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29998.00

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

30119.17

Forgiveness Date

08/13/2021

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