PPP Loan information for Narens associates, inc.

$230,300

Narens associates, inc. was initially approved for PPP Loan of amount $230,300, the current approved amount is $230,300. The loan was approved on 04/12/2020 by The First Merchants Bank reported 13 jobs and $230,300 was used to fund payroll.

Narens associates, inc. is Existing or more than 2 years old

NARENS ASSOCIATES, INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NARENS ASSOCIATES, INC.

Borrower Address

30903 Northwestern Highway Suite 220

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-2516

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230300.00

Current Approval Amount

230300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-2516

CD

MI-11

Jobs Reported

13

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231599.78

Forgiveness Date

11/12/2020

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