PPP Loan information for Karwell technologiies inc

$564,200

Karwell technologiies inc was initially approved for PPP Loan of amount $564,200, the current approved amount is $564,200. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 36 jobs and $564,200 was used to fund payroll.

Karwell technologiies inc is Unanswered

PPP Loan Search / NJ / SOUTH PLAINFIELD / Karwell technologiies inc

KARWELL TECHNOLOGIIES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KARWELL TECHNOLOGIIES INC

Borrower Address

285 DURHAM AVE

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080-2546

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

564200.00

Current Approval Amount

564200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SOUTH PLAINFIELD

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-2546

CD

NJ-06

Jobs Reported

36

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

564200.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

464376.04

Forgiveness Date

07/29/2021

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