PPP Loan information for Kimmel propane inc

$70,000

Kimmel propane inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 05/18/2020 by The Isabella Bank reported 6 jobs and $70,000 was used to fund payroll.

Kimmel propane inc is Existing or more than 2 years old

KIMMEL PROPANE INC

Date Approved

05/18/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KIMMEL PROPANE INC

Borrower Address

303 COMMERCE DR

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-1602

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-1602

CD

MI-04

Jobs Reported

6

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70443.01

Forgiveness Date

01/11/2021

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