PPP Loan information for Karas motors inc.

$156,400

Karas motors inc. was initially approved for PPP Loan of amount $156,400, the current approved amount is $156,400. The loan was approved on 04/05/2020 by The Thomaston Savings Bank reported 13 jobs and $156,400 was used to fund payroll.

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

PPP Loan Search / CT / WATERBURY / Karas motors inc.

KARAS MOTORS INC.

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

KARAS MOTORS INC.

Borrower Address

19 COOLIDGE AVE

Borrower City

WATERBURY

Borrower State

CT

Borrower Zip

06708-2201

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156400.00

Current Approval Amount

156400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERBURY

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06708-2201

CD

CT-05

Jobs Reported

13

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156400.00

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157312.69

Forgiveness Date

11/17/2020

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