Karrs, Inc.
Karrs, Inc. is located in Santa Monica, CA, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 504 loan ($1,351,000 SBA portion) on May 19, 2025 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| May 19, 2025 | $1,351,000 | $1,336,000 | $2,985,556 (estimated) | First-Citizens Bank & Trust Company | California Statewide Certified Development Corporation | 25 years | 13 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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