PPP Loan information for Kar equipment, llc

$242,500

Kar equipment, llc was initially approved for PPP Loan of amount $242,500, the current approved amount is $242,500. The loan was approved on 04/04/2020 by The Legacy Bank reported 15 jobs and $242,500 was used to fund payroll.

Kar equipment, llc is Existing or more than 2 years old

PPP Loan Search / OK / DUNCAN / Kar equipment, llc

KAR EQUIPMENT, LLC

Date Approved

04/04/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

KAR EQUIPMENT, LLC

Borrower Address

2410 W Seminole RD

Borrower City

DUNCAN

Borrower State

OK

Borrower Zip

73533-9766

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242500.00

Current Approval Amount

242500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUNCAN

Project County Name

STEPHENS

Project State

OK

Project Zip

73533-9766

CD

OK-04

Jobs Reported

15

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60625.00

Payroll Proceed

181875.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244500.63

Forgiveness Date

02/01/2021

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