PPP Loan information for Kern economic development corporation

$102,812

Kern economic development corporation was initially approved for PPP Loan of amount $102,812, the current approved amount is $102,812. The loan was approved on 02/03/2021 by The Valley Strong CU reported 5 jobs and $102,812 was used to fund payroll.

Kern economic development corporation is Existing or more than 2 years old

KERN ECONOMIC DEVELOPMENT CORPORATION

Date Approved

02/03/2021

SBA Office Code

0942

Processing Method

PPP

Borrower Name

KERN ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

2700 M St

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93301-2374

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102812.38

Current Approval Amount

102812.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

92124

Servicing Lender Name

Valley Strong CU

Servicing Lender Address

11500 Bolthouse Dr

Servicing Lender City

BAKERSFIELD

Servicing Lender State

CA

Servicing Lender Zip

93311-8822

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93301-2374

CD

CA-22

Jobs Reported

5

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102812.38

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

92124

Originating Lender

Valley Strong CU

Originating Lender City

BAKERSFIELD

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

103285.60

Forgiveness Date

07/26/2021

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