PPP Loan information for Kiln drying systems & components, llc

$550,000

Kiln drying systems & components, llc was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/27/2020 by The First Horizon Bank reported 46 jobs and $550,000 was used to fund payroll.

Kiln drying systems & components, llc is Existing or more than 2 years old

KILN DRYING SYSTEMS & COMPONENTS, LLC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KILN DRYING SYSTEMS & COMPONENTS, LLC

Borrower Address

234 Industrial Dr

Borrower City

HENDERSONVILLE

Borrower State

NC

Borrower Zip

28739-8729

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENDERSONVILLE

Project County Name

HENDERSON

Project State

NC

Project Zip

28739-8729

CD

NC-11

Jobs Reported

46

NAICS Code

333994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

520000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555805.56

Forgiveness Date

05/21/2021

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