# PPP loan: KERN AG LABOR MANAGEMENT INC.
> **$1.01M** approved 04/30/2020 · Paid in Full · Loan `7940077300`
## Borrower
- **Name:** KERN AG LABOR MANAGEMENT INC.
- **Address:** 10091 Zachary Avenue, Delano, CA, 93215
- **NAICS:** 111998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $758K
- **Utilities:** $253K
- **Jobs reported:** 223
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*