PPP Loan information for Karr industries inc

$35,100

Karr industries inc was initially approved for PPP Loan of amount $35,100, the current approved amount is $35,100. The loan was approved on 04/28/2020 by The Cumberland Valley National Bank & Trust Company reported 4 jobs and $35,100 was used to fund payroll.

Karr industries inc is Existing or more than 2 years old

KARR INDUSTRIES INC

Date Approved

04/28/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

KARR INDUSTRIES INC

Borrower Address

1170 young cemetery rd

Borrower City

CORBIN

Borrower State

KY

Borrower Zip

40701-8883

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35100.00

Current Approval Amount

35100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORBIN

Project County Name

WHITLEY

Project State

KY

Project Zip

40701-8883

CD

KY-05

Jobs Reported

4

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1421.30

Payroll Proceed

33678.70

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

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35298.90

Forgiveness Date

11/25/2020

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