PPP Loan information for Karm corporation

$7,818

Karm corporation was initially approved for PPP Loan of amount $7,818, the current approved amount is $7,818. The loan was approved on 04/14/2020 by The Lake-Osceola State Bank reported 8 jobs and $7,818 was used to fund payroll.

Karm corporation is Existing or more than 2 years old

KARM CORPORATION

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KARM CORPORATION

Borrower Address

345 S MAIN ST

Borrower City

KENT CITY

Borrower State

MI

Borrower Zip

49330-9704

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7818.25

Current Approval Amount

7818.25

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

33549

Servicing Lender Name

Lake-Osceola State Bank

Servicing Lender Address

790 Michigan Ave

Servicing Lender City

BALDWIN

Servicing Lender State

MI

Servicing Lender Zip

49304-7126

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENT CITY

Project County Name

KENT

Project State

MI

Project Zip

49330-9704

CD

MI-02

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7818.25

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

33549

Originating Lender

Lake-Osceola State Bank

Originating Lender City

BALDWIN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7874.50

Forgiveness Date

01/08/2021

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