PPP Loan information for Akal towing & service inc

$32,371

Akal towing & service inc was initially approved for PPP Loan of amount $32,371, the current approved amount is $32,371. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $32,371 was used to fund payroll.

Akal towing & service inc is New Business or 2 years or less

AKAL TOWING & SERVICE INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AKAL TOWING & SERVICE INC

Borrower Address

6 BROOKS CT

Borrower City

WINDSOR MILL

Borrower State

MD

Borrower Zip

21244-1851

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32371.00

Current Approval Amount

32371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINDSOR MILL

Project County Name

BALTIMORE

Project State

MD

Project Zip

21244-1851

CD

MD-02

Jobs Reported

5

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32371.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11506.75

Forgiveness Date

05/19/2021

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