PPP Loan information for Kingscott associates, inc.

$563,200

Kingscott associates, inc. was initially approved for PPP Loan of amount $563,200, the current approved amount is $563,200. The loan was approved on 04/29/2020 by The Comerica Bank reported 44 jobs and $563,200 was used to fund payroll.

Kingscott associates, inc. is Existing or more than 2 years old

KINGSCOTT ASSOCIATES, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KINGSCOTT ASSOCIATES, INC.

Borrower Address

259 EAST MICHIGAN AVE SUITE 308

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-3925

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

563200.00

Current Approval Amount

563200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3925

CD

MI-04

Jobs Reported

44

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

510632.00

Mortgage Interest Proceed

52568.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

567298.84

Forgiveness Date

01/25/2021

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