PPP Loan information for Ken-bar tool & engineering inc.

$454,364

Ken-bar tool & engineering inc. was initially approved for PPP Loan of amount $454,364, the current approved amount is $454,364. The loan was approved on 02/06/2021 by The The Farmers & Merchants State Bank reported 39 jobs and $454,364 was used to fund payroll.

Ken-bar tool & engineering inc. is Existing or more than 2 years old

KEN-BAR TOOL & ENGINEERING INC.

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KEN-BAR TOOL & ENGINEERING INC.

Borrower Address

3121 S Walnut St

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47302-5672

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454363.53

Current Approval Amount

454363.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-5672

CD

IN-05

Jobs Reported

39

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

454361.53

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

459741.20

Forgiveness Date

04/21/2022

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