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K-Tec Systems Inc.

$159,028 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
7010798304
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$159,028
Current Approval
$159,028
Forgiveness Amount
$160,792
Forgiveness Date
Mar 10, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
K-Tec Systems Inc.
Address
2615 Wolcott St
City
Ferndale
State
Michigan
ZIP Code
48220-1422
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$159,024
Utilities
$1

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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