PPP Loan information for Karma, inc

$1,874,995

Karma, inc was initially approved for PPP Loan of amount $1,874,995, the current approved amount is $1,874,995. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 182 jobs and $1,874,995 was used to fund payroll.

Karma, inc is New Business or 2 years or less

KARMA, INC

Date Approved

04/30/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

KARMA, INC

Borrower Address

410 EASTWOOD AVE

Borrower City

HAYWARD

Borrower State

CA

Borrower Zip

95336

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1874995.00

Current Approval Amount

1874995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HAYWARD

Project County Name

SAN JOAQUIN

Project State

CA

Project Zip

95336-0032

CD

CA-09

Jobs Reported

182

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1874995.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1901661.60

Forgiveness Date

10/06/2021

;