Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
KARIEL INC
Borrower Address
5173 DOUGLAS DR N
Borrower City
CRYSTAL
Borrower State
MN
Borrower Zip
55429-3550
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
105900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
436783
Servicing Lender Name
Bridgewater Bank
Servicing Lender Address
4450 Excelsior Blvd
Servicing Lender City
SAINT LOUIS PARK
Servicing Lender State
Servicing Lender Zip
55416-5385
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-05
Jobs Reported
13
NAICS Code
531390
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2500.00
Payroll Proceed
88400.00
Mortgage Interest Proceed
Rent Proceed
15000.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
106668.86
Forgiveness Date
01/07/2021