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Kingsford Broach & Tool, Inc.

$500,500 PPP Loan in Kingsford, Michigan

Loan Details

Loan Number
4775917000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$500,500
Current Approval
$500,500
Forgiveness Amount
$503,298
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kingsford Broach & Tool, Inc.
Address
2200 Maule Drive
City
Kingsford
State
Michigan
ZIP Code
49802-4436
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$400,480
Utilities
$25,020
Mortgage Interest
$75,000

Lender Information

Servicing Lender
First National Bank & Trust Co
Originating Lender
First National Bank & Trust Co

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