PPP Loan information for Kern auto sales and service llc

$59,035

Kern auto sales and service llc was initially approved for PPP Loan of amount $59,035, the current approved amount is $59,035. The loan was approved on 02/19/2021 by The Chelsea State Bank reported 4 jobs and $59,035 was used to fund payroll.

Kern auto sales and service llc is Existing or more than 2 years old

KERN AUTO SALES AND SERVICE LLC

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KERN AUTO SALES AND SERVICE LLC

Borrower Address

1630 S Main St

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-1411

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59035.00

Current Approval Amount

59035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1411

CD

MI-06

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

59030.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59458.76

Forgiveness Date

11/15/2021

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