Kms Machine Works, Inc.

$186,600 PPP Loan in Taunton, Massachusetts

Loan Details

Loan Number
6714337009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$186,600
Current Approval
$186,600
Forgiveness Amount
$188,559
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kms Machine Works, Inc.
Address
447 Winthrop St
ZIP Code
02780-2154
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$140,000
Rent
$15,000
Utilities
$13,000
Health Care
$11,500
Mortgage Interest
$7,100

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

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