PPP Loan information for The karman rubber company

$236,707

The karman rubber company was initially approved for PPP Loan of amount $236,707, the current approved amount is $236,707. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 22 jobs and $236,707 was used to fund payroll.

The karman rubber company is Existing or more than 2 years old

THE KARMAN RUBBER COMPANY

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

THE KARMAN RUBBER COMPANY

Borrower Address

2331 COPLEY RD

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44320

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236707.00

Current Approval Amount

236707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44320-0001

CD

OH-13

Jobs Reported

22

NAICS Code

326299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236707.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238401.69

Forgiveness Date

01/20/2021

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