PPP Loan information for Kalplas inc

$388,890

Kalplas inc was initially approved for PPP Loan of amount $388,890, the current approved amount is $388,890. The loan was approved on 04/09/2020 by The Mercantile Bank reported 27 jobs and $388,890 was used to fund payroll.

Kalplas inc is Existing or more than 2 years old

KALPLAS INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KALPLAS INC

Borrower Address

316 W Briggs Street

Borrower City

VICKSBURG

Borrower State

MI

Borrower Zip

49097-1162

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388890.00

Current Approval Amount

388890.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICKSBURG

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49097-1162

CD

MI-06

Jobs Reported

27

NAICS Code

339991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

388890.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391233.99

Forgiveness Date

11/23/2020

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