PPP Loan information for Karma restaurants inc

$244,931

Karma restaurants inc was initially approved for PPP Loan of amount $244,931, the current approved amount is $244,931. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 45 jobs and $244,931 was used to fund payroll.

Karma restaurants inc is Existing or more than 2 years old

KARMA RESTAURANTS INC

Date Approved

05/01/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

KARMA RESTAURANTS INC

Borrower Address

206 Virginia St. N

Borrower City

RENO

Borrower State

NV

Borrower Zip

89511

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244931.00

Current Approval Amount

244931.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

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

89511-0001

CD

NV-02

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244931.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;