PPP Loan information for Mahakali 1 inc

$10,000

Mahakali 1 inc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 06/29/2020 by The Wayne County Bank reported 2 jobs and $10,000 was used to fund payroll.

Mahakali 1 inc is Existing or more than 2 years old

MAHAKALI 1 INC

Date Approved

06/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAHAKALI 1 INC

Borrower Address

429 E MAIN ST

Borrower City

HOHENWALD

Borrower State

TN

Borrower Zip

38462-1541

Loan Status Date

07/13/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOHENWALD

Project County Name

LEWIS

Project State

TN

Project Zip

38462-1541

CD

TN-07

Jobs Reported

2

NAICS Code

447110

Race

Native Hawaiian or Other Pacific Islander

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10055.89

Forgiveness Date

01/25/2021

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