PPP Loan information for Karl llc

$749,297

Karl llc was initially approved for PPP Loan of amount $749,297, the current approved amount is $749,297. The loan was approved on 02/26/2021 by The Hebron Savings Bank reported 40 jobs and $749,297 was used to fund payroll.

Karl llc is Existing or more than 2 years old

KARL LLC

Date Approved

02/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

KARL LLC

Borrower Address

11501 Maid At Arms Ln

Borrower City

Berlin

Borrower State

MD

Borrower Zip

21811-1647

Loan Status Date

06/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

749297.00

Current Approval Amount

749297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berlin

Project County Name

WORCESTER

Project State

MD

Project Zip

21811-1647

CD

MD-01

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

749294.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

758621.58

Forgiveness Date

05/26/2022

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