PPP Loan information for Kbm2 llc

$248,134

Kbm2 llc was initially approved for PPP Loan of amount $248,134, the current approved amount is $248,134. The loan was approved on 02/24/2021 by The Independent Bank reported 21 jobs and $248,134 was used to fund payroll.

Kbm2 llc is Existing or more than 2 years old

KBM2 LLC

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KBM2 LLC

Borrower Address

4100 Hunsaker Dr Ste D

Borrower City

East Lansing

Borrower State

MI

Borrower Zip

48823-6125

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

248134.00

Current Approval Amount

248134.00

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

48823-6125

CD

MI-07

Jobs Reported

21

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248134.00

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

250221.04

Forgiveness Date

01/03/2022

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