PPP Loan information for Balakrishna inc

$5,000

Balakrishna inc was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 05/28/2020 by The Carter Bank & Trust reported 2 jobs and $5,000 was used to fund payroll.

Balakrishna inc is Existing or more than 2 years old

BALAKRISHNA INC

Date Approved

05/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BALAKRISHNA INC

Borrower Address

700 north Main Street

Borrower City

Rocky mount

Borrower State

VA

Borrower Zip

24151-2201

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rocky mount

Project County Name

FRANKLIN

Project State

VA

Project Zip

24151-2201

CD

VA-09

Jobs Reported

2

NAICS Code

445120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5000.00

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 Company(LLC)

Originating Lender Location Id

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5045.83

Forgiveness Date

04/29/2021

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