PPP Loan information for Bal enterprises inc

$250,055

Bal enterprises inc was initially approved for PPP Loan of amount $250,055, the current approved amount is $250,055. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 40 jobs and $250,055 was used to fund payroll.

Bal enterprises inc is Existing or more than 2 years old

PPP Loan Search / MD / Laurel / Bal enterprises inc

BAL ENTERPRISES INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BAL ENTERPRISES INC

Borrower Address

115 Montrose Avenue

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20707

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250055.00

Current Approval Amount

250055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-1866

CD

MD-04

Jobs Reported

40

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8055.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253233.78

Forgiveness Date

08/02/2021

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