Karcher Agency, Inc.

$75,321 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
7328207208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$75,321
Current Approval
$75,321
Forgiveness Amount
$76,079
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Karcher Agency, Inc.
Address
23498 Michigan Ave
ZIP Code
48124
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$56,491
Rent
$9,415
Utilities
$9,415

Lender Information

Servicing Lender
Connecticut Community Bank, National Association
Originating Lender
Connecticut Community Bank, National Association

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