PPP Loan information for Loungani inc

$36,000

Loungani inc was initially approved for PPP Loan of amount $36,000, the current approved amount is $36,000. The loan was approved on 04/29/2020 by The Rockland FCU reported 7 jobs and $36,000 was used to fund payroll.

Loungani inc is Existing or more than 2 years old

LOUNGANI INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOUNGANI INC

Borrower Address

1453 Commercial Street

Borrower City

East Weymouth

Borrower State

MA

Borrower Zip

02189

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36000.00

Current Approval Amount

36000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98513

Servicing Lender Name

Rockland FCU

Servicing Lender Address

241 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Weymouth

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-0001

CD

MA-08

Jobs Reported

7

NAICS Code

445120

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36000.00

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

98513

Originating Lender

Rockland FCU

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36303.78

Forgiveness Date

03/05/2021

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