PPP Loan information for Kerwin electric inc.

$170,350

Kerwin electric inc. was initially approved for PPP Loan of amount $170,350, the current approved amount is $170,350. The loan was approved on 03/13/2021 by The Mercantile Bank reported 21 jobs and $170,350 was used to fund payroll.

Kerwin electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / Kalamazoo / Kerwin electric inc.

KERWIN ELECTRIC INC.

Date Approved

03/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KERWIN ELECTRIC INC.

Borrower Address

7930 S 8th St

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49009-8955

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170350.00

Current Approval Amount

170350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-8955

CD

MI-04

Jobs Reported

21

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

170346.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172058.17

Forgiveness Date

03/17/2022

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