PPP Loan information for Kern industries, inc.

$124,800

Kern industries, inc. was initially approved for PPP Loan of amount $124,800, the current approved amount is $124,800. The loan was approved on 04/11/2020 by The Comerica Bank reported 9 jobs and $124,800 was used to fund payroll.

Kern industries, inc. is Existing or more than 2 years old

KERN INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KERN INDUSTRIES, INC.

Borrower Address

43000 10 MILE RD

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48375-3206

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124800.00

Current Approval Amount

124800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-3206

CD

MI-06

Jobs Reported

9

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99852.00

Mortgage Interest Proceed

24948.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126048.00

Forgiveness Date

04/12/2021

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