PPP Loan information for K-belt, inc.

$303,700

K-belt, inc. was initially approved for PPP Loan of amount $303,700, the current approved amount is $303,700. The loan was approved on 04/27/2020 by The Origin Bank reported 52 jobs and $303,700 was used to fund payroll.

K-belt, inc. is Existing or more than 2 years old

K-BELT, INC.

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

K-BELT, INC.

Borrower Address

900 LAKESIDE PKWY

Borrower City

FLOWER MOUND

Borrower State

TX

Borrower Zip

75028-4010

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303700.00

Current Approval Amount

303700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOWER MOUND

Project County Name

DENTON

Project State

TX

Project Zip

75028-4010

CD

TX-26

Jobs Reported

52

NAICS Code

453310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

303700.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

305944.01

Forgiveness Date

01/26/2021

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