PPP Loan information for Karins engineering, inc.

$898,812

Karins engineering, inc. was initially approved for PPP Loan of amount $898,812, the current approved amount is $898,812. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 55 jobs and $898,812 was used to fund payroll.

Karins engineering, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Karins engineering, inc.

KARINS ENGINEERING, INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

KARINS ENGINEERING, INC.

Borrower Address

17 Polly Drummond Shpg Center SUITE 201

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

898812.00

Current Approval Amount

898812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-0001

CD

DE-

Jobs Reported

55

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15832.00

Payroll Proceed

763276.00

Mortgage Interest Proceed

0.00

Rent Proceed

49910.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67169.00

Debt Interest Proceed

2625

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

908982.12

Forgiveness Date

06/15/2021

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