Km Industrial Machinery Company

$227,409 PPP Loan in Kalamazoo, Michigan

Loan Details

Loan Number
4316397305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$227,409
Current Approval
$227,409
Forgiveness Amount
$229,596
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Km Industrial Machinery Company
Address
6035 W D Ave
ZIP Code
49009-9013
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-04

Loan Use Breakdown

Payroll
$183,315
Rent
$20,000
Utilities
$2,100
Health Care
$21,994

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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