PPP Loan information for Karmichael inc

$48,240

Karmichael inc was initially approved for PPP Loan of amount $48,240, the current approved amount is $48,240. The loan was approved on 01/19/2021 by The Granite Bank reported 6 jobs and $48,240 was used to fund payroll.

Karmichael inc is Existing or more than 2 years old

PPP Loan Search / MN / Hopkins / Karmichael inc

KARMICHAEL INC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KARMICHAEL INC

Borrower Address

821 Mainstreet

Borrower City

Hopkins

Borrower State

MN

Borrower Zip

55343-7626

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48240.00

Current Approval Amount

48240.00

Undisbursed Amount

0.00

Franchise Name

Express Employment Professional

Servicing Lender Location Id

36743

Servicing Lender Name

Granite Bank

Servicing Lender Address

202 2nd Ave S

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hopkins

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7626

CD

MN-03

Jobs Reported

6

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48234.00

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

36743

Originating Lender

Granite Bank

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48443.68

Forgiveness Date

06/23/2021

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