PPP Loan information for Kavs inc

$297,024

Kavs inc was initially approved for PPP Loan of amount $297,024, the current approved amount is $297,024. The loan was approved on 01/20/2021 by The Town Center Bank reported 37 jobs and $297,024 was used to fund payroll.

Kavs inc is Existing or more than 2 years old

KAVS INC

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KAVS INC

Borrower Address

4115 N Main St

Borrower City

Mishawaka

Borrower State

IN

Borrower Zip

46545-3196

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297024.00

Current Approval Amount

297024.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

443578

Servicing Lender Name

Town Center Bank

Servicing Lender Address

20181 S LaGrange Rd

Servicing Lender City

FRANKFORT

Servicing Lender State

IL

Servicing Lender Zip

60423-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mishawaka

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-3196

CD

IN-02

Jobs Reported

37

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

297019.00

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

443578

Originating Lender

Town Center Bank

Originating Lender City

FRANKFORT

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299878.73

Forgiveness Date

01/11/2022

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