PPP Loan information for Karma inc.

$486,900

Karma inc. was initially approved for PPP Loan of amount $486,900, the current approved amount is $486,900. The loan was approved on 02/05/2021 by The First Central State Bank reported 28 jobs and $486,900 was used to fund payroll.

Karma inc. is Existing or more than 2 years old

PPP Loan Search / IA / Davenport / Karma inc.

KARMA INC.

Date Approved

02/05/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

KARMA INC.

Borrower Address

130 Research Pkwy

Borrower City

Davenport

Borrower State

IA

Borrower Zip

52806-0008

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486900.00

Current Approval Amount

486900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davenport

Project County Name

SCOTT

Project State

IA

Project Zip

52806-0008

CD

IA-01

Jobs Reported

28

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486900.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491048.65

Forgiveness Date

12/20/2021

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