PPP Loan information for Kraft business systems inc.

$463,500

Kraft business systems inc. was initially approved for PPP Loan of amount $463,500, the current approved amount is $463,500. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 33 jobs and $463,500 was used to fund payroll.

Kraft business systems inc. is Existing or more than 2 years old

KRAFT BUSINESS SYSTEMS INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KRAFT BUSINESS SYSTEMS INC.

Borrower Address

4245 Brocton Dr. SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

463500.00

Current Approval Amount

463500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-0001

CD

MI-03

Jobs Reported

33

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

463500.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

467131.81

Forgiveness Date

02/04/2021

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