PPP Loan information for Kg inc

$230,000

Kg inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/08/2020 by The Eastern Michigan Bank reported 91 jobs and $230,000 was used to fund payroll.

Kg inc is Existing or more than 2 years old

KG INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KG INC

Borrower Address

1201 24TH ST

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-4812

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-4812

CD

MI-09

Jobs Reported

91

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232539.45

Forgiveness Date

05/25/2021

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