Kbc Tools, Inc.

$438,002 PPP Loan in Sterling Heights, Michigan

Loan Details

Loan Number
1090527103
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$438,002
Current Approval
$438,002
Forgiveness Amount
$443,236
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kbc Tools, Inc.
Address
6300 18 Mile Rd. 0.0
ZIP Code
48314-4208
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$342,216
Rent
$30,000
Utilities
$38,000
Health Care
$27,786

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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