Kerlin Motor Company INC
$269,600 PPP Loan in Silver Lake, Indiana
Loan Details
- Loan Number
- 5553817004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $269,600
- Current Approval
- $269,600
- Forgiveness Amount
- $271,615
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kerlin Motor Company INC
- Address
- 9944 S State Rd 15
- City
- Silver Lake
- State
- Indiana
- ZIP Code
- 46982-8838
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $215,758
- Rent
- $6,000
- Utilities
- $6,654
- Health Care
- $12,172
- Debt Interest
- $29,016
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in Silver Lake, IN
| Business | Approved | |
|---|---|---|
| Par-Kan Company LLC | $1,036,460 | |
| Par-Kan Company, LLC | $1,036,400 | |
| Metzger & Son Trucking Co INC | $321,100 | |
| Metzger & Son Trucking Co INC | $308,600 | |
| Splendor Boats, LLC | $216,700 |
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