PPP Loan information for Garkat, inc

$305,275

Garkat, inc was initially approved for PPP Loan of amount $305,275, the current approved amount is $305,275. The loan was approved on 04/10/2020 by The Keen Bank National Association reported 64 jobs and $305,275 was used to fund payroll.

Garkat, inc is Existing or more than 2 years old

PPP Loan Search / MN / WASECA / Garkat, inc

GARKAT, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GARKAT, INC

Borrower Address

200 22nd Ave NE

Borrower City

WASECA

Borrower State

MN

Borrower Zip

56093-2649

Loan Status Date

01/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305275.00

Current Approval Amount

305275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38998

Servicing Lender Name

Keen Bank National Association

Servicing Lender Address

101 N State St

Servicing Lender City

WASECA

Servicing Lender State

MN

Servicing Lender Zip

56093-2928

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASECA

Project County Name

WASECA

Project State

MN

Project Zip

56093-2649

CD

MN-01

Jobs Reported

64

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50275.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38998

Originating Lender

Keen Bank National Association

Originating Lender City

WASECA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306954.01

Forgiveness Date

11/05/2020

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