PPP Loan information for Karas automotive paints inc

$89,500

Karas automotive paints inc was initially approved for PPP Loan of amount $89,500, the current approved amount is $89,500. The loan was approved on 04/27/2020 by The Univest Bank and Trust Co. reported 6 jobs and $89,500 was used to fund payroll.

Karas automotive paints inc is Existing or more than 2 years old

PPP Loan Search / PA / Chalfont / Karas automotive paints inc

KARAS AUTOMOTIVE PAINTS INC

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

KARAS AUTOMOTIVE PAINTS INC

Borrower Address

46 Cedar Hill Rd

Borrower City

Chalfont

Borrower State

PA

Borrower Zip

18914

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89500.00

Current Approval Amount

89500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chalfont

Project County Name

BUCKS

Project State

PA

Project Zip

18914-0001

CD

PA-01

Jobs Reported

6

NAICS Code

424950

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89500.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90635.30

Forgiveness Date

08/16/2021

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