PPP Loan information for Kar-rak corporation

$306,511

Kar-rak corporation was initially approved for PPP Loan of amount $306,511, the current approved amount is $306,511. The loan was approved on 06/29/2020 by The Cross River Bank reported 45 jobs and $306,511 was used to fund payroll.

Kar-rak corporation is Unanswered

PPP Loan Search / NJ / WESTFIELD / Kar-rak corporation

KAR-RAK CORPORATION

Date Approved

06/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KAR-RAK CORPORATION

Borrower Address

128 CACCIOLA PL

Borrower City

WESTFIELD

Borrower State

NJ

Borrower Zip

07090-1502

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306511.00

Current Approval Amount

306511.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WESTFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07090-1502

CD

NJ-07

Jobs Reported

45

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306511.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310214.32

Forgiveness Date

09/16/2021

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