PPP Loan information for Karma management corporation

$42,775

Karma management corporation was initially approved for PPP Loan of amount $42,775, the current approved amount is $42,775. The loan was approved on 04/27/2020 by The Pinnacle Bank reported 5 jobs and $42,775 was used to fund payroll.

Karma management corporation is New Business or 2 years or less

PPP Loan Search / NC / ARDEN / Karma management corporation

KARMA MANAGEMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KARMA MANAGEMENT CORPORATION

Borrower Address

4012 SWEETEN CREEK ROAD

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42775.00

Current Approval Amount

42775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARDEN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-0001

CD

NC-11

Jobs Reported

5

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42775.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43257.83

Forgiveness Date

06/15/2021

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