PPP Loan information for Kernel electric llc

$19,000

Kernel electric llc was initially approved for PPP Loan of amount $19,000, the current approved amount is $19,000. The loan was approved on 02/04/2021 by The Citizens State Bank of New Castle reported 3 jobs and $19,000 was used to fund payroll.

Kernel electric llc is Existing or more than 2 years old

KERNEL ELECTRIC LLC

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KERNEL ELECTRIC LLC

Borrower Address

1655 E County Road 600 N

Borrower City

New Castle

Borrower State

IN

Borrower Zip

47362-9222

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

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

47362-9222

CD

IN-06

Jobs Reported

3

NAICS Code

221121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18999.00

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

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

19105.56

Forgiveness Date

08/30/2021

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