PPP Loan information for K & m logistic inc - kab8242

$288,492

K & m logistic inc - kab8242 was initially approved for PPP Loan of amount $288,492, the current approved amount is $288,492. The loan was approved on 01/25/2021 by The Busey Bank reported 28 jobs and $288,492 was used to fund payroll.

K & m logistic inc - kab8242 is Existing or more than 2 years old

K & M LOGISTIC INC - KAB8242

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

K & M LOGISTIC INC - KAB8242

Borrower Address

5615 Enterprise Dr

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48911-4104

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288492.00

Current Approval Amount

288492.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48911-4104

CD

MI-07

Jobs Reported

28

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288492.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290120.20

Forgiveness Date

08/24/2021

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