# PPP loan: KARMEL SHUTTLE SERVICE, INC.
> **$311K** approved 04/04/2020 · Exemption 4 · Loan `5021297002`
## Borrower
- **Name:** KARMEL SHUTTLE SERVICE, INC.
- **Address:** 2481 E ORANGETHORPE AVE, FULLERTON, CA, 92831-5303
- **NAICS:** 485999
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $163K (53%)
- **Forgiveness date:** 07/29/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $233K
- **Utilities:** $78K
- **Jobs reported:** 24
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*