PPP Loan information for Akar energy inc

$30,000

Akar energy inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 02/04/2021 by The Santander Bank, National Association reported 7 jobs and $30,000 was used to fund payroll.

Akar energy inc is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / Akar energy inc

AKAR ENERGY INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AKAR ENERGY INC

Borrower Address

461 Worcester St

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481-4925

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-4925

CD

MA-05

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29998.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30103.56

Forgiveness Date

06/15/2021

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