PPP Loan information for Kern's sausages, inc.

$62,632

Kern's sausages, inc. was initially approved for PPP Loan of amount $62,632, the current approved amount is $62,632. The loan was approved on 06/24/2020 by The Frankenmuth CU reported 20 jobs and $62,632 was used to fund payroll.

Kern's sausages, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FRANKENMUTH / Kern's sausages, inc.

KERN'S SAUSAGES, INC.

Date Approved

06/24/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KERN'S SAUSAGES, INC.

Borrower Address

110 W. JEFFERSON ST

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1804

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62632.00

Current Approval Amount

62632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1804

CD

MI-04

Jobs Reported

20

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5632.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62805.98

Forgiveness Date

10/13/2020

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