PPP Loan information for Kerm, inc.

$50,467

Kerm, inc. was initially approved for PPP Loan of amount $50,467, the current approved amount is $50,467. The loan was approved on 04/13/2020 by The The Corner Stone Bank reported 9 jobs and $50,467 was used to fund payroll.

Kerm, inc. is Existing or more than 2 years old

KERM, INC.

Date Approved

04/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

KERM, INC.

Borrower Address

113 E. New Hope Road

Borrower City

Rogers

Borrower State

AR

Borrower Zip

72756

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50467.00

Current Approval Amount

50467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41438

Servicing Lender Name

The Corner Stone Bank

Servicing Lender Address

117 N Main St

Servicing Lender City

SOUTH WEST CITY

Servicing Lender State

MO

Servicing Lender Zip

64863-9459

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rogers

Project County Name

BENTON

Project State

AR

Project Zip

72756-0005

CD

AR-03

Jobs Reported

9

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50467.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41438

Originating Lender

The Corner Stone Bank

Originating Lender City

SOUTH WEST CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50901.15

Forgiveness Date

02/25/2021

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