PPP Loan information for Karas construction inc.

$72,845

Karas construction inc. was initially approved for PPP Loan of amount $72,845, the current approved amount is $72,845. The loan was approved on 04/14/2021 by The Bremer Bank, National Association reported 7 jobs and $72,845 was used to fund payroll.

Karas construction inc. is Existing or more than 2 years old

KARAS CONSTRUCTION INC.

Date Approved

04/14/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

KARAS CONSTRUCTION INC.

Borrower Address

3676 21st Ave NE

Borrower City

Larimore

Borrower State

ND

Borrower Zip

58251-9727

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72845.00

Current Approval Amount

72845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Larimore

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58251-9727

CD

ND-

Jobs Reported

7

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72842.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73104.45

Forgiveness Date

08/25/2021

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