PPP Loan information for Karol's general garage

$90,922

Karol's general garage was initially approved for PPP Loan of amount $69,186, the current approved amount is $90,922. The loan was approved on 05/04/2020 by The Bank of America, National Association reported 8 jobs and $90,922 was used to fund payroll.

Karol's general garage is Existing or more than 2 years old

KAROL'S GENERAL GARAGE

Date Approved

05/04/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

KAROL'S GENERAL GARAGE

Borrower Address

1621 S CENTRAL AVE

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91204-2701

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69186.00

Current Approval Amount

90922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91204-2701

CD

CA-30

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80922.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82113.26

Forgiveness Date

11/04/2021

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