24 KARAT ENTERPRISES INC (AZ) - 2020 PPP Loan Borrower Profile (# 5466847701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 24 KARAT ENTERPRISES INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

5466847701

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$192,228

Date Loan was Approved

May 1, 2020

Amount Forgiven

$97,033.86

Date Loan was Forgiven

Dec 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

192,228

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

Borrower Location

FOUNTAIN HILLS, AZ

Project Location

FOUNTAIN HILLS, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.