PPP Loan information for Ambika inc

$18,700

Ambika inc was initially approved for PPP Loan of amount $18,700, the current approved amount is $18,700. The loan was approved on 04/15/2020 by The Magnolia Bank Incorporated reported 8 jobs and $18,700 was used to fund payroll.

Ambika inc is Existing or more than 2 years old

AMBIKA INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

AMBIKA INC

Borrower Address

107 Lincoln Drive

Borrower City

HODGENVILLE

Borrower State

KY

Borrower Zip

42748

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18700.00

Current Approval Amount

18700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HODGENVILLE

Project County Name

LARUE

Project State

KY

Project Zip

42748-0001

CD

KY-02

Jobs Reported

8

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18700.00

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

Subchapter S Corporation

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18837.13

Forgiveness Date

01/07/2021

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