PPP Loan information for Karavangelos inc

$73,289

Karavangelos inc was initially approved for PPP Loan of amount $26,458, the current approved amount is $73,289. The loan was approved on 04/28/2020 by The Sturdy Savings Bank reported 23 jobs and $73,289 was used to fund payroll.

Karavangelos inc is Existing or more than 2 years old

KARAVANGELOS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARAVANGELOS INC

Borrower Address

3421 BOARDWALK

Borrower City

WILDWOOD

Borrower State

NJ

Borrower Zip

08260-5425

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26458.42

Current Approval Amount

73289.00

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

NJ

Servicing Lender Zip

08247-1926

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILDWOOD

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-5425

CD

NJ-02

Jobs Reported

23

NAICS Code

722211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73289.00

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

80115

Originating Lender

Sturdy Savings Bank

Originating Lender City

STONE HARBOR

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73899.74

Forgiveness Date

02/25/2021

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