PPP Loan information for Ktmindustries, inc.

$695,000

Ktmindustries, inc. was initially approved for PPP Loan of amount $695,000, the current approved amount is $695,000. The loan was approved on 04/28/2020 by The Comerica Bank reported 87 jobs and $695,000 was used to fund payroll.

Ktmindustries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLT / Ktmindustries, inc.

KTMINDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KTMINDUSTRIES, INC.

Borrower Address

2325 JARCO DRIVE

Borrower City

HOLT

Borrower State

MI

Borrower Zip

48842-1209

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695000.00

Current Approval Amount

695000.00

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

HOLT

Project County Name

INGHAM

Project State

MI

Project Zip

48842-1209

CD

MI-07

Jobs Reported

87

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

556000.00

Mortgage Interest Proceed

139000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

699363.06

Forgiveness Date

12/17/2020

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