PPP Loan information for Km industrial machinery company

$227,409

Km industrial machinery company was initially approved for PPP Loan of amount $227,409, the current approved amount is $227,409. The loan was approved on 04/29/2020 by The Sturgis Bank & Trust Company reported 13 jobs and $227,409 was used to fund payroll.

Km industrial machinery company is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Km industrial machinery company

KM INDUSTRIAL MACHINERY COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KM INDUSTRIAL MACHINERY COMPANY

Borrower Address

6035 W D AVE

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-9013

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227409.00

Current Approval Amount

227409.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-9013

CD

MI-04

Jobs Reported

13

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2100.00

Payroll Proceed

183315.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21994.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

229595.86

Forgiveness Date

04/19/2021

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