K&w Tool and Machine, INC

$418,126 PPP Loan in Greenville, Michigan

Loan Details

Loan Number
6539117004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$418,126
Current Approval
$418,126
Forgiveness Amount
$421,505
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
K&w Tool and Machine, INC
Address
1216 Shearer Rd, Suite a
ZIP Code
48838-8102
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$343,096
Utilities
$24,449
Health Care
$20,641
Mortgage Interest
$7,115
Debt Interest
$22,825

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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