Kernel Electric
$19,000 PPP Loan in New Castle, Indiana
Loan Details
- Loan Number
- 9647347102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $19,000
- Current Approval
- $19,000
- Forgiveness Amount
- $19,157
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kernel Electric
- Address
- 1655 E County Road 650
- City
- New Castle
- State
- Indiana
- ZIP Code
- 47362-9745
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Utilities (221118)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 1
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- IN-06
Loan Use Breakdown
- Payroll
- $15,251
- Rent
- $1,449
- Utilities
- $300
- Mortgage Interest
- $2,000
Lender Information
- Servicing Lender
- Citizens State Bank of New Castle
- Originating Lender
- Citizens State Bank of New Castle
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|---|---|---|
| Heritage House Group, LLC | $1,927,300 | |
| New Castle Stainless Plate, LLC | $1,837,500 | |
| Walnut Ridge Family Trailer Sales, Inc. | $864,173 | |
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