PPP Loan information for Kmg capital, inc

$132,990

Kmg capital, inc was initially approved for PPP Loan of amount $132,990, the current approved amount is $132,990. The loan was approved on 04/08/2020 by The Mercantile Bank reported 6 jobs and $132,990 was used to fund payroll.

Kmg capital, inc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Kmg capital, inc

KMG CAPITAL, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KMG CAPITAL, INC

Borrower Address

102 S. Main Street

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-2309

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132990.00

Current Approval Amount

132990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-2309

CD

MI-02

Jobs Reported

6

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23990.00

Payroll Proceed

109000.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134531.23

Forgiveness Date

06/11/2021

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