Date Approved
02/13/2021
SBA Office Code
0736
Processing Method
PPS
Borrower Name
KARMA HOSPITALITY LLC
Borrower Address
1307 Lindenbrook Ln
Borrower City
Marion
Borrower State
IA
Borrower Zip
52302-4783
Loan Status Date
09/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
61341.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
96881
Servicing Lender Name
Collins Community CU
Servicing Lender Address
1150 42nd St NE
Servicing Lender City
CEDAR RAPIDS
Servicing Lender State
Servicing Lender Zip
52402-5733
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LINN
Project State
Project Zip
CD
IA-02
Jobs Reported
14
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
61338.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
61643.50
Forgiveness Date
08/18/2021