PPP Loan information for Kay builders inc

$2,000,000

Kay builders inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Peoples Security Bank and Trust Company reported 148 jobs and $2,000,000 was used to fund payroll.

Kay builders inc is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Kay builders inc

KAY BUILDERS INC

Date Approved

01/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

KAY BUILDERS INC

Borrower Address

5930 Hamilton Blvd Ste 10

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18106-9654

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18106-9654

CD

PA-07

Jobs Reported

148

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1905357.91

Forgiveness Date

02/01/2022

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