PPP Loan information for Kaars inc

$50,197

Kaars inc was initially approved for PPP Loan of amount $50,197, the current approved amount is $50,197. The loan was approved on 01/26/2021 by The Wells Fargo Bank, National Association reported 10 jobs and $50,197 was used to fund payroll.

Kaars inc is Existing or more than 2 years old

KAARS INC

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

KAARS INC

Borrower Address

2 Parker Ave # 70

Borrower City

Trenton

Borrower State

NJ

Borrower Zip

08609-1624

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50197.00

Current Approval Amount

50197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Trenton

Project County Name

MERCER

Project State

NJ

Project Zip

08609-1624

CD

NJ-12

Jobs Reported

10

NAICS Code

423140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50195.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50591.70

Forgiveness Date

11/16/2021

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