PPP Loan information for Kern machinery, inc

$1,703,960

Kern machinery, inc was initially approved for PPP Loan of amount $1,703,960, the current approved amount is $1,703,960. The loan was approved on 04/15/2020 by The Mechanics Bank reported 124 jobs and $1,703,960 was used to fund payroll.

Kern machinery, inc is Existing or more than 2 years old

KERN MACHINERY, INC

Date Approved

04/15/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

KERN MACHINERY, INC

Borrower Address

4500 E MERCED AVE

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93380

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1703960.00

Current Approval Amount

1703960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93380-0001

CD

CA-20

Jobs Reported

124

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1703960.00

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

Subchapter S Corporation

Originating Lender Location Id

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1720526.28

Forgiveness Date

04/12/2021

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