PPP Loan information for K&b asphalt & sealcoating inc.

$225,462

K&b asphalt & sealcoating inc. was initially approved for PPP Loan of amount $225,462, the current approved amount is $225,462. The loan was approved on 01/22/2021 by The Bank Michigan reported 50 jobs and $225,462 was used to fund payroll.

K&b asphalt & sealcoating inc. is Existing or more than 2 years old

PPP Loan Search / MI / Adrian / K&b asphalt & sealcoating inc.

K&B ASPHALT & SEALCOATING INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

K&B ASPHALT & SEALCOATING INC.

Borrower Address

120 N Main St

Borrower City

Adrian

Borrower State

MI

Borrower Zip

49221-2745

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225462.00

Current Approval Amount

225462.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Adrian

Project County Name

LENAWEE

Project State

MI

Project Zip

49221-2745

CD

MI-05

Jobs Reported

50

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

225460.00

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

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226450.33

Forgiveness Date

07/02/2021

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