PPP Loan information for Kg automotive llc

$397,705

Kg automotive llc was initially approved for PPP Loan of amount $397,705, the current approved amount is $397,705. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 40 jobs and $397,705 was used to fund payroll.

Kg automotive llc is New Business or 2 years or less

KG AUTOMOTIVE LLC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

KG AUTOMOTIVE LLC

Borrower Address

226 MILAN AVE

Borrower City

NORWALK

Borrower State

OH

Borrower Zip

44857-1142

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397705.00

Current Approval Amount

397705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORWALK

Project County Name

HURON

Project State

OH

Project Zip

44857-1142

CD

OH-05

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

397705.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402096.10

Forgiveness Date

06/11/2021

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