Kiln Drying Systems & Components, LLC

$550,000 PPP Loan in Hendersonville, North Carolina

Loan Details

Loan Number
3660347208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$555,806
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kiln Drying Systems & Components, LLC
Address
234 Industrial Dr
ZIP Code
28739-8729
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$12.0M
Rural/Urban
Rural
Congressional District
NC-11

Loan Use Breakdown

Payroll
$520,000
Utilities
$10,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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