PPP Loan information for The karsten company inc.

$41,200

The karsten company inc. was initially approved for PPP Loan of amount $41,200, the current approved amount is $41,200. The loan was approved on 03/12/2021 by The South Shore Bank reported 2 jobs and $41,200 was used to fund payroll.

The karsten company inc. is Existing or more than 2 years old

THE KARSTEN COMPANY INC.

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE KARSTEN COMPANY INC.

Borrower Address

14 Iron Hill St

Borrower City

East Weymouth

Borrower State

MA

Borrower Zip

02189-2715

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41200.00

Current Approval Amount

41200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Weymouth

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-2715

CD

MA-08

Jobs Reported

2

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41194.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41450.63

Forgiveness Date

10/22/2021

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