PPP Loan information for Kerco, inc

$272,105

Kerco, inc was initially approved for PPP Loan of amount $272,105, the current approved amount is $272,105. The loan was approved on 04/05/2020 by The First United Bank and Trust Company reported 15 jobs and $272,105 was used to fund payroll.

Kerco, inc is Existing or more than 2 years old

PPP Loan Search / KY / MADISONVILLE / Kerco, inc

KERCO, INC

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

KERCO, INC

Borrower Address

1671 PROGRESS DR

Borrower City

MADISONVILLE

Borrower State

KY

Borrower Zip

42431-2868

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272104.62

Current Approval Amount

272104.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119852

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

162 N Main St

Servicing Lender City

MADISONVILLE

Servicing Lender State

KY

Servicing Lender Zip

42431-1976

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISONVILLE

Project County Name

HOPKINS

Project State

KY

Project Zip

42431-2868

CD

KY-01

Jobs Reported

15

NAICS Code

423810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

272104.62

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

119852

Originating Lender

First United Bank and Trust Company

Originating Lender City

MADISONVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274139.81

Forgiveness Date

01/14/2021

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