Kip America INC

$1,175,032 PPP Loan in Novi, Michigan

Loan Details

Loan Number
5863577707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,175,032
Current Approval
$1,175,032
Forgiveness Amount
$1,191,804
Forgiveness Date
Oct 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kip America INC
Address
39575 W 13 Mile Rd
City
Novi
ZIP Code
48377
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
New Business or 2 years or less
Jobs Reported
78
Estimated Revenue
$23.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,175,032

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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