PPP Loan information for Kgab inc

$93,870

Kgab inc was initially approved for PPP Loan of amount $93,870, the current approved amount is $93,870. The loan was approved on 01/25/2021 by The First Carolina Bank reported 30 jobs and $93,870 was used to fund payroll.

Kgab inc is Existing or more than 2 years old

KGAB INC

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

KGAB INC

Borrower Address

1054 S College Rd

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28403-4301

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93870.00

Current Approval Amount

93870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203771

Servicing Lender Name

First Carolina Bank

Servicing Lender Address

171 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2236

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28403-4301

CD

NC-07

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

93867.00

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

203771

Originating Lender

First Carolina Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94501.02

Forgiveness Date

09/29/2021

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