PPP Loan information for Kar-vel construction inc

$427,255

Kar-vel construction inc was initially approved for PPP Loan of amount $427,255, the current approved amount is $427,255. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 31 jobs and $427,255 was used to fund payroll.

Kar-vel construction inc is Existing or more than 2 years old

KAR-VEL CONSTRUCTION INC

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

KAR-VEL CONSTRUCTION INC

Borrower Address

20404 192ND ST SE

Borrower City

RENTON

Borrower State

WA

Borrower Zip

98058

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427255.00

Current Approval Amount

427255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RENTON

Project County Name

KING

Project State

WA

Project Zip

98058-0002

CD

WA-09

Jobs Reported

31

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

427255.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

429593.03

Forgiveness Date

11/23/2020

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