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Ktmindustries, Inc.

$695,000 PPP Loan in Holt, Michigan

Loan Details

Loan Number
9938637204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$695,000
Current Approval
$695,000
Forgiveness Amount
$699,363
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ktmindustries, Inc.
Address
2325 Jarco Drive
City
Holt
State
Michigan
ZIP Code
48842-1209
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$24.3M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$556,000
Mortgage Interest
$139,000

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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