PPP Loan information for Kalblue, inc

$182,827

Kalblue, inc was initially approved for PPP Loan of amount $182,827, the current approved amount is $182,827. The loan was approved on 04/07/2020 by The Mercantile Bank reported 18 jobs and $182,827 was used to fund payroll.

Kalblue, inc is Existing or more than 2 years old

KALBLUE, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KALBLUE, INC

Borrower Address

914 E VINE ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49001-3012

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182827.00

Current Approval Amount

182827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-3012

CD

MI-04

Jobs Reported

18

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12480.00

Payroll Proceed

137379.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

13800.00

Health Care Proceed

16500.00

Debt Interest Proceed

2668

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183843.82

Forgiveness Date

11/03/2020

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