PPP Loan information for Kara corporation

$121,954

Kara corporation was initially approved for PPP Loan of amount $121,954, the current approved amount is $121,954. The loan was approved on 01/25/2021 by The Rivers Edge Bank reported 6 jobs and $121,954 was used to fund payroll.

Kara corporation is Existing or more than 2 years old

KARA CORPORATION

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

KARA CORPORATION

Borrower Address

607 1st St

Borrower City

Hawarden

Borrower State

IA

Borrower Zip

51023-2406

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121954.00

Current Approval Amount

121954.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66546

Servicing Lender Name

Rivers Edge Bank

Servicing Lender Address

211 N Broadway

Servicing Lender City

MARION

Servicing Lender State

SD

Servicing Lender Zip

57349-0129

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hawarden

Project County Name

SIOUX

Project State

IA

Project Zip

51023-2406

CD

IA-04

Jobs Reported

6

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

121950.00

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

66546

Originating Lender

Rivers Edge Bank

Originating Lender City

MARION

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122418.43

Forgiveness Date

06/15/2021

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