PPP Loan information for Kb motors inc.

$118,823

Kb motors inc. was initially approved for PPP Loan of amount $118,823, the current approved amount is $118,823. The loan was approved on 03/06/2021 by The Fleetwood Bank reported 8 jobs and $118,823 was used to fund payroll.

Kb motors inc. is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Kb motors inc.

KB MOTORS INC.

Date Approved

03/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

KB MOTORS INC.

Borrower Address

5575 Allentown Pike

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605-9205

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118822.50

Current Approval Amount

118822.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60184

Servicing Lender Name

Fleetwood Bank

Servicing Lender Address

Main & Franklin Sts

Servicing Lender City

FLEETWOOD

Servicing Lender State

PA

Servicing Lender Zip

19522

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19605-9205

CD

PA-04

Jobs Reported

8

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

118820.50

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

60184

Originating Lender

Fleetwood Bank

Originating Lender City

FLEETWOOD

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119482.62

Forgiveness Date

09/29/2021

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