PPP Loan information for Kbm 2, llc

$215,862

Kbm 2, llc was initially approved for PPP Loan of amount $215,862, the current approved amount is $215,862. The loan was approved on 04/14/2020 by The Independent Bank reported 22 jobs and $215,862 was used to fund payroll.

Kbm 2, llc is Existing or more than 2 years old

KBM 2, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KBM 2, LLC

Borrower Address

4100 HUNSAKER DR

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48823-6128

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215862.00

Current Approval Amount

215862.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST LANSING

Project County Name

CLINTON

Project State

MI

Project Zip

48823-6128

CD

MI-07

Jobs Reported

22

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

215862.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

217293.19

Forgiveness Date

12/21/2020

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