PPP Loan information for The kercher group, inc.

$642,300

The kercher group, inc. was initially approved for PPP Loan of amount $642,300, the current approved amount is $642,300. The loan was approved on 04/06/2020 by The Wilmington Savings Fund Society, FSB reported 39 jobs and $642,300 was used to fund payroll.

The kercher group, inc. is Existing or more than 2 years old

THE KERCHER GROUP, INC.

Date Approved

04/06/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE KERCHER GROUP, INC.

Borrower Address

37385 Rehoboth Ave Ext, Unit #11

Borrower City

REHOBOTH BEACH

Borrower State

DE

Borrower Zip

19971-6108

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

642300.00

Current Approval Amount

642300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REHOBOTH BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-6108

CD

DE-

Jobs Reported

39

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

900.00

Payroll Proceed

587100.00

Mortgage Interest Proceed

0.00

Rent Proceed

22500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

646646.52

Forgiveness Date

12/23/2020

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