PPP Loan information for Kerr mechanical corp

$257,934

Kerr mechanical corp was initially approved for PPP Loan of amount $257,900, the current approved amount is $257,934. The loan was approved on 04/07/2020 by The Village Bank and Trust, National Association reported 15 jobs and $257,934 was used to fund payroll.

Kerr mechanical corp is Existing or more than 2 years old

KERR MECHANICAL CORP

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KERR MECHANICAL CORP

Borrower Address

MAIN ST

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056-2114

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257900.00

Current Approval Amount

257934.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PROSPECT

Project County Name

COOK

Project State

IL

Project Zip

60056-2114

CD

IL-05

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25793.40

Payroll Proceed

193450.50

Mortgage Interest Proceed

0.00

Rent Proceed

38690.10

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260126.44

Forgiveness Date

02/17/2021

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