PPP Loan information for Kms machine works, inc.

$186,600

Kms machine works, inc. was initially approved for PPP Loan of amount $186,600, the current approved amount is $186,600. The loan was approved on 04/07/2020 by The Mechanics Cooperative Bank reported 20 jobs and $186,600 was used to fund payroll.

Kms machine works, inc. is Existing or more than 2 years old

PPP Loan Search / MA / TAUNTON / Kms machine works, inc.

KMS MACHINE WORKS, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KMS MACHINE WORKS, INC.

Borrower Address

447 WINTHROP ST

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780-2154

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186600.00

Current Approval Amount

186600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-2154

CD

MA-04

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

7100.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188559.30

Forgiveness Date

05/03/2021

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