Karp Automotive, Inc.

$1,603,276 PPP Loan in Rockville Centre, New York

Loan Details

Loan Number
2938567205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,603,276
Current Approval
$1,603,276
Forgiveness Amount
$1,621,110
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Karp Automotive, Inc.
Address
400 Sunrise Highway
ZIP Code
11570
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$26.2M
Rural/Urban
Urban
Congressional District
NY-04

Loan Use Breakdown

Payroll
$1,603,276

Lender Information

Servicing Lender
Signature Bank
Originating Lender
Signature Bank

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