PPP Loan information for Kermack incorporated

$64,855

Kermack incorporated was initially approved for PPP Loan of amount $64,855, the current approved amount is $64,855. The loan was approved on 02/20/2021 by The New Peoples Bank, Inc. reported 16 jobs and $64,855 was used to fund payroll.

Kermack incorporated is Existing or more than 2 years old

PPP Loan Search / TN / Kingsport / Kermack incorporated

KERMACK INCORPORATED

Date Approved

02/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

KERMACK INCORPORATED

Borrower Address

1105 Lynn Garden Dr

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37665-1929

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64855.00

Current Approval Amount

64855.00

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

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

64848.00

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

65242.33

Forgiveness Date

10/06/2021

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