Date Approved
01/20/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
KARA RESTAURANT GROUP
Borrower Address
12 Chestnut Oak Dr
Borrower City
Cape May Court House
Borrower State
NJ
Borrower Zip
08210-1863
Loan Status Date
03/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
45550.26
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
80115
Servicing Lender Name
Sturdy Savings Bank
Servicing Lender Address
9417 Third Ave
Servicing Lender City
STONE HARBOR
Servicing Lender State
Servicing Lender Zip
08247-1926
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CAPE MAY
Project State
Project Zip
CD
NJ-02
Jobs Reported
12
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
45548.26
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
46034.86
Forgiveness Date
02/15/2022