PPP Loan information for The karat patch inc

$29,100

The karat patch inc was initially approved for PPP Loan of amount $29,100, the current approved amount is $29,100. The loan was approved on 04/03/2020 by The Traditional Bank, Inc. reported 3 jobs and $29,100 was used to fund payroll.

The karat patch inc is Existing or more than 2 years old

PPP Loan Search / TN / SPRINGFIELD / The karat patch inc

THE KARAT PATCH INC

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE KARAT PATCH INC

Borrower Address

108 THOMAS AVE

Borrower City

SPRINGFIELD

Borrower State

TN

Borrower Zip

37172-2838

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29100.00

Current Approval Amount

29100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-2838

CD

TN-06

Jobs Reported

3

NAICS Code

423940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29100.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29387.81

Forgiveness Date

04/08/2021

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