PPP Loan information for Kars llc

$722,646

Kars llc was initially approved for PPP Loan of amount $722,646, the current approved amount is $722,646. The loan was approved on 02/27/2021 by The Pioneer Bank reported 49 jobs and $722,646 was used to fund payroll.

Kars llc is Existing or more than 2 years old

KARS LLC

Date Approved

02/27/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

KARS LLC

Borrower Address

2802 W Pierce St

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-3508

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

722646.47

Current Approval Amount

722646.47

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

78043

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

3000 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-6676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-3508

CD

NM-02

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

722644.47

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

Limited Liability Company(LLC)

Originating Lender Location Id

78043

Originating Lender

Pioneer Bank

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

727358.52

Forgiveness Date

10/27/2021

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