PPP Loan information for Kwabs inc

$2,500

Kwabs inc was initially approved for PPP Loan of amount $25,000, the current approved amount is $2,500. The loan was approved on 05/06/2020 by The MBE Capital Partners reported 1 jobs and $2,500 was used to fund payroll.

Kwabs inc is Existing or more than 2 years old

PPP Loan Search / DE / Bear / Kwabs inc

KWABS INC

Date Approved

05/06/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

KWABS INC

Borrower Address

225 Altair Way

Borrower City

Bear

Borrower State

DE

Borrower Zip

19701

Loan Status Date

02/26/2022

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

2500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bear

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19701-0001

CD

DE-

Jobs Reported

1

NAICS Code

423120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2500.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;