PPP Loan information for Karl's tire service inc

$37,954

Karl's tire service inc was initially approved for PPP Loan of amount $37,954, the current approved amount is $37,954. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $37,954 was used to fund payroll.

Karl's tire service inc is New Business or 2 years or less

KARL'S TIRE SERVICE INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARL'S TIRE SERVICE INC

Borrower Address

2340 US HIGHWAY 130

Borrower City

NORTH BRUNSWICK

Borrower State

NJ

Borrower Zip

08902-4782

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37954.00

Current Approval Amount

37954.00

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

NORTH BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-4782

CD

NJ-12

Jobs Reported

4

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37954.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38275.31

Forgiveness Date

03/10/2021

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