PPP Loan information for Akal engineering inc

$187,000

Akal engineering inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,000. The loan was approved on 04/15/2020 by The TD Bank, National Association reported 5 jobs and $187,000 was used to fund payroll.

Akal engineering inc is Existing or more than 2 years old

PPP Loan Search / MA / Boylston / Akal engineering inc

AKAL ENGINEERING INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AKAL ENGINEERING INC

Borrower Address

10 ABBEY RD

Borrower City

Boylston

Borrower State

MA

Borrower Zip

01505-2117

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boylston

Project County Name

WORCESTER

Project State

MA

Project Zip

01505-0001

CD

MA-02

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187000.00

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

Partnership

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181816.75

Forgiveness Date

08/02/2021

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