PPP Loan information for Karz inc

$50,800

Karz inc was initially approved for PPP Loan of amount $50,800, the current approved amount is $50,800. The loan was approved on 04/15/2020 by The First United Bank & Trust reported 5 jobs and $50,800 was used to fund payroll.

Karz inc is Existing or more than 2 years old

PPP Loan Search / MD / FUNKSTOWN / Karz inc

KARZ INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

KARZ INC

Borrower Address

302 S Edgewood Dr. PO Box 428

Borrower City

FUNKSTOWN

Borrower State

MD

Borrower Zip

21734

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50800.00

Current Approval Amount

50800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FUNKSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21734-0001

CD

MD-06

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50800.00

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

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51039.89

Forgiveness Date

10/13/2020

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