PPP Loan information for Kares management inc

$812,100

Kares management inc was initially approved for PPP Loan of amount $812,100, the current approved amount is $812,100. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 487 jobs and $812,100 was used to fund payroll.

Kares management inc is Existing or more than 2 years old

KARES MANAGEMENT INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARES MANAGEMENT INC

Borrower Address

535 ROUTE 38

Borrower City

CHERRY HILL

Borrower State

NJ

Borrower Zip

08002-2961

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

812100.00

Current Approval Amount

812100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERRY HILL

Project County Name

CAMDEN

Project State

NJ

Project Zip

08002-2961

CD

NJ-01

Jobs Reported

487

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

812100.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

818461.45

Forgiveness Date

01/25/2021

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