PPP Loan information for Karl's cuisine, inc.

$81,800

Karl's cuisine, inc. was initially approved for PPP Loan of amount $81,800, the current approved amount is $81,800. The loan was approved on 06/24/2020 by The Old Mission Bank reported 18 jobs and $81,800 was used to fund payroll.

Karl's cuisine, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAULT SAINTE MARIE / Karl's cuisine, inc.

KARL'S CUISINE, INC.

Date Approved

06/24/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KARL'S CUISINE, INC.

Borrower Address

447 W Portage Ave

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-1839

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81800.00

Current Approval Amount

81800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-1839

CD

MI-01

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20450.00

Payroll Proceed

61350.00

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

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82254.44

Forgiveness Date

01/12/2021

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