PPP Loan information for Kmc and associates

$188,955

Kmc and associates was initially approved for PPP Loan of amount $188,955, the current approved amount is $188,955. The loan was approved on 04/09/2020 by The Community Bank Delaware reported 18 jobs and $188,955 was used to fund payroll.

Kmc and associates is Existing or more than 2 years old

KMC AND ASSOCIATES

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

KMC AND ASSOCIATES

Borrower Address

12319-201 Ocean Gateway

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188955.00

Current Approval Amount

188955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441170

Servicing Lender Name

Community Bank Delaware

Servicing Lender Address

16982 Kings Hwy

Servicing Lender City

LEWES

Servicing Lender State

DE

Servicing Lender Zip

19958-4785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-1100

CD

MD-01

Jobs Reported

18

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188955.00

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

441170

Originating Lender

Community Bank Delaware

Originating Lender City

LEWES

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191301.19

Forgiveness Date

07/14/2021

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