PPP Loan information for Karins engineering inc.

$878,257

Karins engineering inc. was initially approved for PPP Loan of amount $878,257, the current approved amount is $878,257. The loan was approved on 01/30/2021 by The Manufacturers and Traders Trust Company reported 53 jobs and $878,257 was used to fund payroll.

Karins engineering inc. is Existing or more than 2 years old

KARINS ENGINEERING INC.

Date Approved

01/30/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

KARINS ENGINEERING INC.

Borrower Address

17 Polly Drummond Shpg Ctr Ste 201

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711-4820

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

878257.00

Current Approval Amount

878257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-4820

CD

DE-

Jobs Reported

53

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

878253.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

883719.04

Forgiveness Date

09/17/2021

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