PPP Loan information for Balagi company

$52,745

Balagi company was initially approved for PPP Loan of amount $52,745, the current approved amount is $52,745. The loan was approved on 04/29/2021 by The Loan Source Incorporated reported 11 jobs and $52,745 was used to fund payroll.

Balagi company is Existing or more than 2 years old

BALAGI COMPANY

Date Approved

04/29/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

BALAGI COMPANY

Borrower Address

1231 S Nevada Ave

Borrower City

Colorado Spgs

Borrower State

CO

Borrower Zip

80903-4312

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52745.00

Current Approval Amount

52745.00

Undisbursed Amount

0.00

Franchise Name

Howard Johnson by Wyndham

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Colorado Spgs

Project County Name

EL PASO

Project State

CO

Project Zip

80903-4312

CD

CO-05

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52743.00

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

Limited Liability Partnership

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53016.67

Forgiveness Date

11/10/2021

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