PPP Loan information for Kasco inc.

$1,723,200

Kasco inc. was initially approved for PPP Loan of amount $1,723,200, the current approved amount is $1,723,200. The loan was approved on 04/08/2020 by The First State Bank reported 95 jobs and $1,723,200 was used to fund payroll.

Kasco inc. is Existing or more than 2 years old

KASCO INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KASCO INC.

Borrower Address

226 E HUDSON AVE

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48067-3700

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1723200.00

Current Approval Amount

1723200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-3700

CD

MI-11

Jobs Reported

95

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1723200.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1734483.42

Forgiveness Date

12/09/2020

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