PPP Loan information for Naranjan inc

$117,110

Naranjan inc was initially approved for PPP Loan of amount $26,517, the current approved amount is $117,110. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $117,110 was used to fund payroll.

Naranjan inc is New Business or 2 years or less

NARANJAN INC

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

NARANJAN INC

Borrower Address

1688 MAIN ST

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01103-1214

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26517.00

Current Approval Amount

117110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01103-1214

CD

MA-01

Jobs Reported

6

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117110.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27442.75

Forgiveness Date

08/19/2021

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