# PPP loan: KARMEL SHUTTLE SERVICE INC.
> **$220K** approved 01/30/2021 · Exemption 4 · Loan `9121328305`
## 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:** $220K
- **Initial approval:** $220K
- **Forgiven:** $111K (50%)
- **Forgiveness date:** 12/28/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **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*