PPP Loan information for K & s tool and manufacturing company

$1,187,500

K & s tool and manufacturing company was initially approved for PPP Loan of amount $1,187,500, the current approved amount is $1,187,500. The loan was approved on 04/10/2020 by The Truist Bank reported 129 jobs and $1,187,500 was used to fund payroll.

K & s tool and manufacturing company is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / K & s tool and manufacturing company

K & S TOOL AND MANUFACTURING COMPANY

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

K & S TOOL AND MANUFACTURING COMPANY

Borrower Address

614 hendrix st

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27260-4306

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1187500.00

Current Approval Amount

1187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-4306

CD

NC-06

Jobs Reported

129

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1187500.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1199012.15

Forgiveness Date

04/06/2021

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