PPP Loan information for Kc economic development, llc

$882,834

Kc economic development, llc was initially approved for PPP Loan of amount $1,516,000, the current approved amount is $882,834. The loan was approved on 06/30/2020 by The ServisFirst Bank reported 185 jobs and $882,834 was used to fund payroll.

Kc economic development, llc is Existing or more than 2 years old

KC ECONOMIC DEVELOPMENT, LLC

Date Approved

06/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

KC ECONOMIC DEVELOPMENT, LLC

Borrower Address

8680 COUNTY ROAD 40

Borrower City

SHORTER

Borrower State

AL

Borrower Zip

36075-4403

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1516000.00

Current Approval Amount

882834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHORTER

Project County Name

MACON

Project State

AL

Project Zip

36075-4403

CD

AL-03

Jobs Reported

185

NAICS Code

713290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

882834.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

891539.72

Forgiveness Date

06/29/2021

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