PPP Loan information for Kar-gor inc

$109,800

Kar-gor inc was initially approved for PPP Loan of amount $109,800, the current approved amount is $109,800. The loan was approved on 04/09/2020 by The Truist Bank reported 6 jobs and $109,800 was used to fund payroll.

Kar-gor inc is Existing or more than 2 years old

KAR-GOR INC

Date Approved

04/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

KAR-GOR INC

Borrower Address

3540 BROOKS AVE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301-0995

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109800.00

Current Approval Amount

109800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-0995

CD

OR-05

Jobs Reported

6

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109800.00

Mortgage Interest Proceed

0.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104372.09

Forgiveness Date

11/10/2020

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