PPP Loan information for Karma hospitality llc

$75,740

Karma hospitality llc was initially approved for PPP Loan of amount $75,740, the current approved amount is $75,740. The loan was approved on 04/09/2020 by The Collins Community CU reported 14 jobs and $75,740 was used to fund payroll.

Karma hospitality llc is Existing or more than 2 years old

PPP Loan Search / IA / GRINNELL / Karma hospitality llc

KARMA HOSPITALITY LLC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KARMA HOSPITALITY LLC

Borrower Address

1630 WEST ST S

Borrower City

GRINNELL

Borrower State

IA

Borrower Zip

50112-1107

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75740.00

Current Approval Amount

75740.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRINNELL

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-1107

CD

IA-02

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75740.00

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

76335.54

Forgiveness Date

02/02/2021

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