PPP Loan information for Kernel electric

$19,000

Kernel electric was initially approved for PPP Loan of amount $19,000, the current approved amount is $19,000. The loan was approved on 04/15/2020 by The Citizens State Bank of New Castle reported 1 jobs and $19,000 was used to fund payroll.

Kernel electric is Existing or more than 2 years old

PPP Loan Search / IN / NEW CASTLE / Kernel electric

KERNEL ELECTRIC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KERNEL ELECTRIC

Borrower Address

1655 E COUNTY ROAD 650

Borrower City

NEW CASTLE

Borrower State

IN

Borrower Zip

47362-9745

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19000.00

Current Approval Amount

19000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24059

Servicing Lender Name

Citizens State Bank of New Castle

Servicing Lender Address

1238 Broad St

Servicing Lender City

NEW CASTLE

Servicing Lender State

IN

Servicing Lender Zip

47362-4509

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

HENRY

Project State

IN

Project Zip

47362-9745

CD

IN-06

Jobs Reported

1

NAICS Code

221118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

300.00

Payroll Proceed

15251.38

Mortgage Interest Proceed

2000.00

Rent Proceed

1448.62

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24059

Originating Lender

Citizens State Bank of New Castle

Originating Lender City

NEW CASTLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19157.28

Forgiveness Date

02/09/2021

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