PPP Loan information for Karlbar inc

$157,233

Karlbar inc was initially approved for PPP Loan of amount $157,233, the current approved amount is $157,233. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 11 jobs and $157,233 was used to fund payroll.

Karlbar inc is Existing or more than 2 years old

KARLBAR INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARLBAR INC

Borrower Address

249 Route 206

Borrower City

Stanhope

Borrower State

NJ

Borrower Zip

07874

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157232.50

Current Approval Amount

157232.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stanhope

Project County Name

SUSSEX

Project State

NJ

Project Zip

07874-0001

CD

NJ-07

Jobs Reported

11

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13102.75

Payroll Proceed

117924.25

Mortgage Interest Proceed

0.00

Rent Proceed

13102.75

Refinance EIDL Proceed

0.00

Health Care Proceed

13102.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159324.57

Forgiveness Date

08/17/2021

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