PPP Loan information for Kem optical

$167,103

Kem optical was initially approved for PPP Loan of amount $167,103, the current approved amount is $167,103. The loan was approved on 03/27/2021 by The BayCoast Bank reported 13 jobs and $167,103 was used to fund payroll.

Kem optical is Existing or more than 2 years old

KEM OPTICAL

Date Approved

03/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KEM OPTICAL

Borrower Address

5 Tinkham Ln

Borrower City

Mattapoisett

Borrower State

MA

Borrower Zip

02739-1012

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167103.00

Current Approval Amount

167103.00

Undisbursed Amount

0.00

Franchise Name

Pearle Vision

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mattapoisett

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02739-1012

CD

MA-09

Jobs Reported

13

NAICS Code

621320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

167100.00

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

Partnership

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168713.69

Forgiveness Date

03/29/2022

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