PPP Loan information for Kerlin motor company inc

$269,600

Kerlin motor company inc was initially approved for PPP Loan of amount $269,600, the current approved amount is $269,600. The loan was approved on 04/05/2020 by The Lake City Bank reported 25 jobs and $269,600 was used to fund payroll.

Kerlin motor company inc is Existing or more than 2 years old

PPP Loan Search / IN / SILVER LAKE / Kerlin motor company inc

KERLIN MOTOR COMPANY INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KERLIN MOTOR COMPANY INC

Borrower Address

9944 S State Rd 15

Borrower City

SILVER LAKE

Borrower State

IN

Borrower Zip

46982-8838

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269600.00

Current Approval Amount

269600.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVER LAKE

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46982-8838

CD

IN-02

Jobs Reported

25

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6654.00

Payroll Proceed

215758.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12172.00

Debt Interest Proceed

29016

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271614.51

Forgiveness Date

01/08/2021

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