PPP Loan information for Kgs steel inc

$833,400

Kgs steel inc was initially approved for PPP Loan of amount $833,400, the current approved amount is $833,400. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 64 jobs and $833,400 was used to fund payroll.

Kgs steel inc is Existing or more than 2 years old

KGS STEEL INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

KGS STEEL INC

Borrower Address

PO BOX 43009

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35243

Loan Status Date

02/07/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

833400.00

Current Approval Amount

833400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243-0001

CD

AL-06

Jobs Reported

64

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

833400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

856827.80

Forgiveness Date

01/24/2023

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