PPP Loan information for Kam plastics corp esop

$1,765,600

Kam plastics corp esop was initially approved for PPP Loan of amount $1,765,600, the current approved amount is $1,765,600. The loan was approved on 01/22/2021 by The Macatawa Bank reported 175 jobs and $1,765,600 was used to fund payroll.

Kam plastics corp esop is Existing or more than 2 years old

KAM PLASTICS CORP ESOP

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KAM PLASTICS CORP ESOP

Borrower Address

935 E 40th St

Borrower City

Holland

Borrower State

MI

Borrower Zip

49423-5384

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1765600.00

Current Approval Amount

1765600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holland

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-5384

CD

MI-02

Jobs Reported

175

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1765597.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1783304.37

Forgiveness Date

02/03/2022

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