PPP Loan information for Kariel inc

$105,900

Kariel inc was initially approved for PPP Loan of amount $105,900, the current approved amount is $105,900. The loan was approved on 04/08/2020 by The Bridgewater Bank reported 13 jobs and $105,900 was used to fund payroll.

Kariel inc is Existing or more than 2 years old

KARIEL INC

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

105900.00

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

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL

Project County Name

HENNEPIN

Project State

MN

Project Zip

55429-3550

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

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106668.86

Forgiveness Date

01/07/2021

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