Kenneth Smith, Inc.

$748,412 PPP Loan in Niles, Michigan

Loan Details

Loan Number
4734027106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$748,412
Current Approval
$748,412
Forgiveness Amount
$756,072
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kenneth Smith, Inc.
Address
2596 Detroit Road
City
Niles
ZIP Code
49120-9476
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484220)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$16.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$616,117
Rent
$9,230
Utilities
$12,165
Health Care
$103,075
Debt Interest
$7,825

Lender Information

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

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