PPP Loan information for Karas contracting

$20,800

Karas contracting was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/29/2020 by The Northstar Bank reported 1 jobs and $20,800 was used to fund payroll.

Karas contracting is Existing or more than 2 years old

PPP Loan Search / MI / CHINA / Karas contracting

KARAS CONTRACTING

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KARAS CONTRACTING

Borrower Address

3260 MCKINLEY RD

Borrower City

CHINA

Borrower State

MI

Borrower Zip

48054-1105

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222717

Servicing Lender Name

Northstar Bank

Servicing Lender Address

833 S Van Dyke Rd

Servicing Lender City

Bad Axe

Servicing Lender State

MI

Servicing Lender Zip

48413-9604

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHINA

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48054-1105

CD

MI-09

Jobs Reported

1

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

222717

Originating Lender

Northstar Bank

Originating Lender City

Bad Axe

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20986.04

Forgiveness Date

03/22/2021

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