PPP Loan information for Kar wholesale, surpluse and liquidation

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

KAR WHOLESALE, SURPLUSE AND LIQUIDATION

Borrower Address

37525 N 241ST AVE

Borrower City

MORRISTOWN

Borrower State

AZ

Borrower Zip

85342-9105

Loan Status Date

11/18/2021

Loan Status

Charged Off

Term

9

SBA Guaranty Percentage

100

Initial Approval Amount

21242.00

Current Approval Amount

64428.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MORRISTOWN

Project County Name

MARICOPA

Project State

AZ

Project Zip

85342-9105

CD

AZ-09

Jobs Reported

4

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64428.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date