PPP Loan information for K & l grinding and machine company inc.

$59,782

K & l grinding and machine company inc. was initially approved for PPP Loan of amount $59,782, the current approved amount is $59,782. The loan was approved on 03/26/2021 by The Highland Bank reported 4 jobs and $59,782 was used to fund payroll.

K & l grinding and machine company inc. is Existing or more than 2 years old

K & L GRINDING AND MACHINE COMPANY INC.

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

K & L GRINDING AND MACHINE COMPANY INC.

Borrower Address

8975 Zachary Ln N

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-4006

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59782.00

Current Approval Amount

59782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-4006

CD

MN-03

Jobs Reported

4

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59782.00

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

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59917.94

Forgiveness Date

06/23/2021

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