PPP Loan information for Kva induction company inc

$171,500

Kva induction company inc was initially approved for PPP Loan of amount $171,500, the current approved amount is $171,500. The loan was approved on 04/14/2020 by The First State Bank reported 16 jobs and $171,500 was used to fund payroll.

Kva induction company inc is Existing or more than 2 years old

KVA INDUCTION COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KVA INDUCTION COMPANY INC

Borrower Address

34112 Doreka Drive

Borrower City

Fraser

Borrower State

MI

Borrower Zip

48026-3434

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171500.00

Current Approval Amount

171500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fraser

Project County Name

MACOMB

Project State

MI

Project Zip

48026-3434

CD

MI-10

Jobs Reported

16

NAICS Code

334416

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171500.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173111.63

Forgiveness Date

04/01/2021

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