PPP Loan information for Kent power, inc.

$7,687,000

Kent power, inc. was initially approved for PPP Loan of amount $7,687,000, the current approved amount is $7,687,000. The loan was approved on 04/13/2020 by The Macatawa Bank reported 345 jobs and $7,687,000 was used to fund payroll.

Kent power, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROCKFORD / Kent power, inc.

KENT POWER, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KENT POWER, INC.

Borrower Address

7800 CHILDSDALE AVE NE

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-7487

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7687000.00

Current Approval Amount

7687000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-7487

CD

MI-03

Jobs Reported

345

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7687000.00

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

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7773978.93

Forgiveness Date

06/11/2021

;