PPP Loan information for Kas oriental rugs inc

$718,444

Kas oriental rugs inc was initially approved for PPP Loan of amount $718,444, the current approved amount is $718,444. The loan was approved on 04/13/2020 by The HSBC Bank USA, National Association reported 37 jobs and $718,444 was used to fund payroll.

Kas oriental rugs inc is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Kas oriental rugs inc

KAS ORIENTAL RUGS INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KAS ORIENTAL RUGS INC

Borrower Address

62 VERONICA AVE

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-3417

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

718444.00

Current Approval Amount

718444.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-3417

CD

NJ-12

Jobs Reported

37

NAICS Code

423220

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

718444.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

722315.61

Forgiveness Date

11/03/2020

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