K & B Machine Works, LLC

$7,540,200 PPP Loan in Schriever, Louisiana

Loan Details

Loan Number
5274077102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$7,540,200
Current Approval
$7,540,470
Forgiveness Amount
$7,628,442
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
K & B Machine Works, LLC
Address
208 Rebeccas Pond Rd
ZIP Code
70395-3307
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
453
Estimated Revenue
$110.7M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$6,350,200
Rent
$813,200
Utilities
$234,770
Mortgage Interest
$142,300

Lender Information

Servicing Lender
B1bank
Originating Lender
B1bank

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