PPP Loan information for K & m system inc

$53,088

K & m system inc was initially approved for PPP Loan of amount $53,088, the current approved amount is $53,088. The loan was approved on 01/26/2021 by The Bank of Hope reported 7 jobs and $53,088 was used to fund payroll.

K & m system inc is Existing or more than 2 years old

PPP Loan Search / NJ / North Arlington / K & m system inc

K & M SYSTEM INC

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

K & M SYSTEM INC

Borrower Address

25 Schuyler Ave

Borrower City

North Arlington

Borrower State

NJ

Borrower Zip

07031-6732

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53088.00

Current Approval Amount

53088.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Arlington

Project County Name

BERGEN

Project State

NJ

Project Zip

07031-6732

CD

NJ-09

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

53084.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53713.42

Forgiveness Date

04/07/2022

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