PPP Loan information for Karat patch inc.

$29,100

Karat patch inc. was initially approved for PPP Loan of amount $29,100, the current approved amount is $29,100. The loan was approved on 01/26/2021 by The Traditional Bank, Inc. reported 3 jobs and $29,100 was used to fund payroll.

Karat patch inc. is Existing or more than 2 years old

PPP Loan Search / TN / Springfield / Karat patch inc.

KARAT PATCH INC.

Date Approved

01/26/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

KARAT PATCH INC.

Borrower Address

108 Thomas Ave

Borrower City

Springfield

Borrower State

TN

Borrower Zip

37172-2846

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29100.00

Current Approval Amount

29100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-2846

CD

TN-06

Jobs Reported

3

NAICS Code

423940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29097.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29272.21

Forgiveness Date

09/09/2021

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