PPP Loan information for Megh computing inc

$285,700

Megh computing inc was initially approved for PPP Loan of amount $285,700, the current approved amount is $285,700. The loan was approved on 01/21/2021 by The Coastal Community Bank reported 14 jobs and $285,700 was used to fund payroll.

Megh computing inc is Existing or more than 2 years old

MEGH COMPUTING INC

Date Approved

01/21/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MEGH COMPUTING INC

Borrower Address

1600 NE Compton Dr Ste 202

Borrower City

Beaverton

Borrower State

OR

Borrower Zip

97006-6940

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285700.00

Current Approval Amount

285700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beaverton

Project County Name

WASHINGTON

Project State

OR

Project Zip

97006-6940

CD

OR-01

Jobs Reported

14

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

285700.00

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

Corporation

Originating Lender Location Id

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287813.40

Forgiveness Date

10/25/2021

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