PPP Loan information for Karma contracting inc

$145,832

Karma contracting inc was initially approved for PPP Loan of amount $145,832, the current approved amount is $145,832. The loan was approved on 02/07/2021 by The Small Business Bank reported 7 jobs and $145,832 was used to fund payroll.

Karma contracting inc is Existing or more than 2 years old

KARMA CONTRACTING INC

Date Approved

02/07/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KARMA CONTRACTING INC

Borrower Address

135 Alspaugh Dr

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27105-2601

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145832.00

Current Approval Amount

145832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25901

Servicing Lender Name

Small Business Bank

Servicing Lender Address

13423 W 92nd St

Servicing Lender City

LENEXA

Servicing Lender State

KS

Servicing Lender Zip

66215-3636

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-2601

CD

NC-05

Jobs Reported

7

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

145832.00

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

Subchapter S Corporation

Originating Lender Location Id

25901

Originating Lender

Small Business Bank

Originating Lender City

LENEXA

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147063.47

Forgiveness Date

12/14/2021

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