PPP Loan information for Karma restaurants inc

$342,905

Karma restaurants inc was initially approved for PPP Loan of amount $342,905, the current approved amount is $342,905. The loan was approved on 02/06/2021 by The Fountainhead SBF LLC reported 45 jobs and $342,905 was used to fund payroll.

Karma restaurants inc is Existing or more than 2 years old

PPP Loan Search / NV / Reno / Karma restaurants inc

KARMA RESTAURANTS INC

Date Approved

02/06/2021

SBA Office Code

0944

Processing Method

PPS

Borrower Name

KARMA RESTAURANTS INC

Borrower Address

206 N Virginia St

Borrower City

Reno

Borrower State

NV

Borrower Zip

89501-1408

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342905.00

Current Approval Amount

342905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reno

Project County Name

WASHOE

Project State

NV

Project Zip

89501-1408

CD

NV-02

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

342901.00

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

100631

Originating Lender

Greater Nevada CU

Originating Lender City

CARSON CITY

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347181.79

Forgiveness Date

05/12/2022

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