Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
K & M LOGISTIC INC
Borrower Address
5615 Enterprise Drive
Borrower City
LANSING
Borrower State
MI
Borrower Zip
48911
Loan Status Date
01/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
288700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22749
Servicing Lender Name
Busey Bank
Servicing Lender Address
100 W University Ave
Servicing Lender City
CHAMPAIGN
Servicing Lender State
IL
Servicing Lender Zip
61820-3910
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
INGHAM
Project State
Project Zip
48911-0002
CD
MI-07
Jobs Reported
33
NAICS Code
484121
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
216525.00
Mortgage Interest Proceed
Rent Proceed
72175.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
290511.30
Forgiveness Date
12/17/2020