Kern Electronics and Lasers, Inc.

$487,700 PPP Loan in Wadena, Minnesota

Loan Details

Loan Number
6204957007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$487,700
Current Approval
$487,700
Forgiveness Amount
$490,464
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Kern Electronics and Lasers, Inc.
Address
1501 Industrial Dr
City
Wadena
ZIP Code
56482-2500
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$487,700

Lender Information

Servicing Lender
Bell Bank
Originating Lender
Bell Bank

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