PPP Loan information for Kar food & spirits inc

$52,600

Kar food & spirits inc was initially approved for PPP Loan of amount $52,600, the current approved amount is $52,600. The loan was approved on 04/07/2020 by The Hebron Savings Bank reported 7 jobs and $52,600 was used to fund payroll.

Kar food & spirits inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Kar food & spirits inc

KAR FOOD & SPIRITS INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

KAR FOOD & SPIRITS INC

Borrower Address

1210 Nanticoke Rd, Units 1-3

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801-8201

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52600.00

Current Approval Amount

52600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-8201

CD

MD-01

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2629.00

Payroll Proceed

42084.00

Mortgage Interest Proceed

7887.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53209.28

Forgiveness Date

06/09/2021

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