Kersting's Cycle Center, INC

$100,200 PPP Loan in Winamac, Indiana

Loan Details

Loan Number
5761797005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$100,200
Current Approval
$100,200
Forgiveness Amount
$100,752
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Kersting's Cycle Center, INC
Address
8774 W 700 N
State
Indiana
ZIP Code
46996-8241
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$77,558
Rent
$10,000
Utilities
$8,255
Mortgage Interest
$4,387

Lender Information

Servicing Lender
The Fountain Trust Company
Originating Lender
The Fountain Trust Company

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