PPP Loan information for Kemp electric inc

$227,200

Kemp electric inc was initially approved for PPP Loan of amount $227,200, the current approved amount is $227,200. The loan was approved on 04/14/2020 by The 1st Source Bank reported 17 jobs and $227,200 was used to fund payroll.

Kemp electric inc is Existing or more than 2 years old

PPP Loan Search / IN / NAPPANEE / Kemp electric inc

KEMP ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KEMP ELECTRIC INC

Borrower Address

352 S Main St

Borrower City

NAPPANEE

Borrower State

IN

Borrower Zip

46550

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227200.00

Current Approval Amount

227200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPPANEE

Project County Name

ELKHART

Project State

IN

Project Zip

46550-0001

CD

IN-02

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227200.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228525.33

Forgiveness Date

11/20/2020

;