PPP Loan information for Kermack, inc

$63,060

Kermack, inc was initially approved for PPP Loan of amount $63,060, the current approved amount is $63,060. The loan was approved on 04/14/2020 by The New Peoples Bank, Inc. reported 17 jobs and $63,060 was used to fund payroll.

Kermack, inc is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Kermack, inc

KERMACK, INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KERMACK, INC

Borrower Address

1105 Lynn Garden Dr

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37665-1929

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63060.00

Current Approval Amount

63060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37665-1929

CD

TN-01

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63060.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63514.98

Forgiveness Date

01/25/2021

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