PPP Loan information for Kay logic inc.

$26,950

Kay logic inc. was initially approved for PPP Loan of amount $26,950, the current approved amount is $26,950. The loan was approved on 03/03/2021 by The First Merchants Bank reported 3 jobs and $26,950 was used to fund payroll.

Kay logic inc. is Existing or more than 2 years old

KAY LOGIC INC.

Date Approved

03/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KAY LOGIC INC.

Borrower Address

2442 W Square Lake Rd

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48324-1759

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26950.00

Current Approval Amount

26950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48324-1759

CD

MI-11

Jobs Reported

3

NAICS Code

722310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26945.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27031.22

Forgiveness Date

06/23/2021

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