PPP Loan information for Kala art institute

$97,362

Kala art institute was initially approved for PPP Loan of amount $97,362, the current approved amount is $97,362. The loan was approved on 01/28/2021 by The Mechanics Bank reported 18 jobs and $97,362 was used to fund payroll.

Kala art institute is Existing or more than 2 years old

KALA ART INSTITUTE

Date Approved

01/28/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

KALA ART INSTITUTE

Borrower Address

1060 Heinz Ave

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94710-2719

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97362.00

Current Approval Amount

97362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-2719

CD

CA-12

Jobs Reported

18

NAICS Code

711510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97360.00

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

Non-Profit Organization

Originating Lender Location Id

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

97827.17

Forgiveness Date

07/21/2021

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