PPP Loan information for Aakar investments incorporated

$58,370

Aakar investments incorporated was initially approved for PPP Loan of amount $58,370, the current approved amount is $58,370. The loan was approved on 02/05/2021 by The The Washington Trust Company of Westerly reported 2 jobs and $58,370 was used to fund payroll.

Aakar investments incorporated is Existing or more than 2 years old

PPP Loan Search / RI / Narragansett / Aakar investments incorporated

AAKAR INVESTMENTS INCORPORATED

Date Approved

02/05/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

AAKAR INVESTMENTS INCORPORATED

Borrower Address

901 Ocean Rd

Borrower City

Narragansett

Borrower State

RI

Borrower Zip

02882-1372

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58369.50

Current Approval Amount

58369.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Narragansett

Project County Name

WASHINGTON

Project State

RI

Project Zip

02882-1372

CD

RI-02

Jobs Reported

2

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58365.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58685.67

Forgiveness Date

08/25/2021

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