PPP Loan information for Karma hospitality llc

$61,341

Karma hospitality llc was initially approved for PPP Loan of amount $61,341, the current approved amount is $61,341. The loan was approved on 02/13/2021 by The Collins Community CU reported 14 jobs and $61,341 was used to fund payroll.

Karma hospitality llc is Existing or more than 2 years old

KARMA HOSPITALITY LLC

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

61341.00

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

IA

Servicing Lender Zip

52402-5733

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LINN

Project State

IA

Project Zip

52302-4783

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

96881

Originating Lender

Collins Community CU

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61643.50

Forgiveness Date

08/18/2021

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