PPP Loan information for K&w tool and machine, inc

$418,126

K&w tool and machine, inc was initially approved for PPP Loan of amount $418,126, the current approved amount is $418,126. The loan was approved on 04/07/2020 by The Isabella Bank reported 32 jobs and $418,126 was used to fund payroll.

K&w tool and machine, inc is Existing or more than 2 years old

PPP Loan Search / MI / GREENVILLE / K&w tool and machine, inc

K&W TOOL AND MACHINE, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

K&W TOOL AND MACHINE, INC

Borrower Address

1216 SHEARER RD, Suite A

Borrower City

GREENVILLE

Borrower State

MI

Borrower Zip

48838-8102

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418126.00

Current Approval Amount

418126.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

MONTCALM

Project State

MI

Project Zip

48838-8102

CD

MI-02

Jobs Reported

32

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24449.00

Payroll Proceed

343096.00

Mortgage Interest Proceed

7115.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20641.00

Debt Interest Proceed

22825

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

421505.37

Forgiveness Date

02/05/2021

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