PPP Loan information for Karl & morris associates inc

$356,825

Karl & morris associates inc was initially approved for PPP Loan of amount $356,825, the current approved amount is $356,825. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $356,825 was used to fund payroll.

Karl & morris associates inc is New Business or 2 years or less

PPP Loan Search / NJ / POMPTON PLAINS / Karl & morris associates inc

KARL & MORRIS ASSOCIATES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARL & MORRIS ASSOCIATES INC

Borrower Address

287 BOULEVARD STE 1

Borrower City

POMPTON PLAINS

Borrower State

NJ

Borrower Zip

07444-1726

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356825.00

Current Approval Amount

356825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

POMPTON PLAINS

Project County Name

MORRIS

Project State

NJ

Project Zip

07444-1726

CD

NJ-11

Jobs Reported

18

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356825.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359014.83

Forgiveness Date

12/15/2020

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