PPP Loan information for Kang inc

$33,700

Kang inc was initially approved for PPP Loan of amount $33,700, the current approved amount is $33,700. The loan was approved on 04/10/2020 by The TowneBank reported 6 jobs and $33,700 was used to fund payroll.

Kang inc is Existing or more than 2 years old

KANG INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

KANG INC

Borrower Address

2600 Frederick Blvd

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23704-6115

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33700.00

Current Approval Amount

33700.00

Undisbursed Amount

0.00

Franchise Name

Orion Oil, LLC (Amoco) Dealer Supply Agreement

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-6115

CD

VA-03

Jobs Reported

6

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34044.49

Forgiveness Date

04/26/2021

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