PPP Loan information for Karco, inc.

$479,067

Karco, inc. was initially approved for PPP Loan of amount $479,067, the current approved amount is $479,067. The loan was approved on 04/27/2020 by The Banterra Bank reported 80 jobs and $479,067 was used to fund payroll.

Karco, inc. is Unanswered

KARCO, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KARCO, INC.

Borrower Address

1405 SALEM RD

Borrower City

MOUNT VERNON

Borrower State

IL

Borrower Zip

62864-3240

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

479067.00

Current Approval Amount

479067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21882

Servicing Lender Name

Banterra Bank

Servicing Lender Address

3201 Banterra Dr

Servicing Lender City

MARION

Servicing Lender State

IL

Servicing Lender Zip

62959-6381

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MOUNT VERNON

Project County Name

JEFFERSON

Project State

IL

Project Zip

62864-3240

CD

IL-12

Jobs Reported

80

NAICS Code

445310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

479067.00

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

21882

Originating Lender

Banterra Bank

Originating Lender City

MARION

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

483450.79

Forgiveness Date

03/31/2021

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