PPP Loan information for Kern electric distributors

$215,947

Kern electric distributors was initially approved for PPP Loan of amount $215,947, the current approved amount is $215,947. The loan was approved on 03/23/2021 by The Bank of America, National Association reported 11 jobs and $215,947 was used to fund payroll.

Kern electric distributors is Existing or more than 2 years old

KERN ELECTRIC DISTRIBUTORS

Date Approved

03/23/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

KERN ELECTRIC DISTRIBUTORS

Borrower Address

415 30th St

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93301-2513

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215947.00

Current Approval Amount

215947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

93301-2513

CD

CA-22

Jobs Reported

11

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

215944.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217219.02

Forgiveness Date

10/26/2021

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