PPP Loan information for Kmd construction

$215,000

Kmd construction was initially approved for PPP Loan of amount $21,500, the current approved amount is $215,000. The loan was approved on 04/16/2020 by The United Community Bank reported 16 jobs and $215,000 was used to fund payroll.

Kmd construction is Existing or more than 2 years old

KMD CONSTRUCTION

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KMD CONSTRUCTION

Borrower Address

1001 Old West Innes St

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21500.00

Current Approval Amount

215000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-0001

CD

NC-08

Jobs Reported

16

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

215000.00

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

Sole Proprietorship

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216195.75

Forgiveness Date

11/23/2020

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