PPP Loan information for Kems construction

$85,320

Kems construction was initially approved for PPP Loan of amount $85,320, the current approved amount is $85,320. The loan was approved on 04/27/2020 by The MountainOne Bank reported 5 jobs and $85,320 was used to fund payroll.

Kems construction is Existing or more than 2 years old

KEMS CONSTRUCTION

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KEMS CONSTRUCTION

Borrower Address

200 Broadway, Suite 103

Borrower City

Lynnfield

Borrower State

MA

Borrower Zip

01940

Loan Status Date

12/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85320.00

Current Approval Amount

85320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynnfield

Project County Name

ESSEX

Project State

MA

Project Zip

01940-0001

CD

MA-06

Jobs Reported

5

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85320.00

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

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

853.20

Forgiveness Date

12/27/2021

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