PPP Loan information for Kmac, inc

$370,418

Kmac, inc was initially approved for PPP Loan of amount $378,286, the current approved amount is $370,418. The loan was approved on 04/10/2020 by The First Community Bank reported 28 jobs and $370,418 was used to fund payroll.

Kmac, inc is Existing or more than 2 years old

KMAC, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KMAC, INC

Borrower Address

19437 Vale Ave PO BOX 0548

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-0548

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378286.00

Current Approval Amount

370418.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38309

Servicing Lender Name

First Community Bank

Servicing Lender Address

500 Central Ave

Servicing Lender City

LESTER PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

55354

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-0548

CD

MN-07

Jobs Reported

28

NAICS Code

238330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

370418.00

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

38309

Originating Lender

First Community Bank

Originating Lender City

LESTER PRAIRIE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

372465.59

Forgiveness Date

11/03/2020

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