PPP Loan information for Karl herman insurance and financial services inc.

$47,000

Karl herman insurance and financial services inc. was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/15/2020 by The Gateway Bank reported 8 jobs and $47,000 was used to fund payroll.

Karl herman insurance and financial services inc. is Existing or more than 2 years old

PPP Loan Search / MN / RICHFIELD / Karl herman insurance and financial services inc.

KARL HERMAN INSURANCE AND FINANCIAL SERVICES INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KARL HERMAN INSURANCE AND FINANCIAL SERVICES INC.

Borrower Address

6620 PENN AVES

Borrower City

RICHFIELD

Borrower State

MN

Borrower Zip

55423-2026

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

358512

Servicing Lender Name

Gateway Bank

Servicing Lender Address

745 Market St

Servicing Lender City

MENDOTA HEIGHTS

Servicing Lender State

MN

Servicing Lender Zip

55118-1164

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHFIELD

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-2026

CD

MN-05

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47000.00

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

358512

Originating Lender

Gateway Bank

Originating Lender City

MENDOTA HEIGHTS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40190.68

Forgiveness Date

10/16/2020

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