PPP Loan information for Kmt systems inc

$286,800

Kmt systems inc was initially approved for PPP Loan of amount $286,800, the current approved amount is $286,800. The loan was approved on 04/08/2020 by The Truist Bank reported 30 jobs and $286,800 was used to fund payroll.

Kmt systems inc is Existing or more than 2 years old

KMT SYSTEMS INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

KMT SYSTEMS INC

Borrower Address

2004 HENRY PARKWAY CONNECTOR

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30253-2419

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286800.00

Current Approval Amount

286800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30253-2419

CD

GA-10

Jobs Reported

30

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

286800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

288584.53

Forgiveness Date

11/23/2020

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