PPP Loan information for Karishma ventures inc

$29,964

Karishma ventures inc was initially approved for PPP Loan of amount $29,964, the current approved amount is $29,964. The loan was approved on 02/03/2021 by The Mechanics Bank reported 7 jobs and $29,964 was used to fund payroll.

Karishma ventures inc is Existing or more than 2 years old

KARISHMA VENTURES INC

Date Approved

02/03/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

KARISHMA VENTURES INC

Borrower Address

2151 N Date St

Borrower City

Truth Or Consequences

Borrower State

NM

Borrower Zip

87901-3706

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29963.50

Current Approval Amount

29963.50

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Truth Or Consequences

Project County Name

SIERRA

Project State

NM

Project Zip

87901-3706

CD

NM-02

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29957.50

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

Subchapter S Corporation

Originating Lender Location Id

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30130.80

Forgiveness Date

08/25/2021

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