# PPP loan: KERNS MANUFACTURING CORP.
> **$1.70M** approved 04/15/2020 · Paid in Full · Loan `1601677203`
## Borrower
- **Name:** KERNS MANUFACTURING CORP.
- **Address:** 37-14 29TH ST, LONG ISLAND CITY, NY, 11101-2612
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Jobs reported:** 98
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*