K & B Asphalt Sealcoating INC
$225,400 PPP Loan in Adrian, Michigan
Loan Details
- Loan Number
- 3248017103
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $225,400
- Current Approval
- $225,400
- Forgiveness Amount
- $226,666
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- K & B Asphalt Sealcoating INC
- Address
- 120 N. Main St Unit a
- City
- Adrian
- State
- Michigan
- ZIP Code
- 49221
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $11.6M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $198,671
- Rent
- $6,000
- Utilities
- $5,500
- Health Care
- $8,000
- Mortgage Interest
- $2,500
- Debt Interest
- $4,729
Lender Information
- Servicing Lender
- Bank Michigan
- Originating Lender
- Bank Michigan
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