PPP Loan information for Karl manufacturing solutions, inc

$676,831

Karl manufacturing solutions, inc was initially approved for PPP Loan of amount $676,831, the current approved amount is $676,831. The loan was approved on 01/16/2021 by The Border Bank reported 69 jobs and $676,831 was used to fund payroll.

Karl manufacturing solutions, inc is Existing or more than 2 years old

PPP Loan Search / MN / Roseau / Karl manufacturing solutions, inc

KARL MANUFACTURING SOLUTIONS, INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KARL MANUFACTURING SOLUTIONS, INC

Borrower Address

1084 Center St W

Borrower City

Roseau

Borrower State

MN

Borrower Zip

56751-1908

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

676830.62

Current Approval Amount

676830.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52775

Servicing Lender Name

Border Bank

Servicing Lender Address

4530 17th Ave SW

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-8991

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseau

Project County Name

ROSEAU

Project State

MN

Project Zip

56751-1908

CD

MN-07

Jobs Reported

69

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

676826.62

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

52775

Originating Lender

Border Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

680778.80

Forgiveness Date

08/25/2021

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