PPP Loan information for Kent sussex industries inc

$874,500

Kent sussex industries inc was initially approved for PPP Loan of amount $874,500, the current approved amount is $874,500. The loan was approved on 02/16/2021 by The Loan Source Incorporated reported 90 jobs and $874,500 was used to fund payroll.

Kent sussex industries inc is Existing or more than 2 years old

KENT SUSSEX INDUSTRIES INC

Date Approved

02/16/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

KENT SUSSEX INDUSTRIES INC

Borrower Address

301 N Rehoboth Blvd

Borrower City

Milford

Borrower State

DE

Borrower Zip

19963-1305

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

874500.00

Current Approval Amount

874500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

SUSSEX

Project State

DE

Project Zip

19963-1305

CD

DE-

Jobs Reported

90

NAICS Code

624310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

874500.00

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

Non-Profit Organization

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

886982.59

Forgiveness Date

08/15/2022

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