PPP Loan information for Nayar group inc
$50,000
Nayar group inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/05/2020 by The PNC Bank, National Association reported 14 jobs and $50,000 was used to fund payroll.
Nayar group inc is Existing or more than 2 years old
NAYAR GROUP INC
Date Approved
05/05/2020
SBA Office Code
0681
Processing Method
PPP
Borrower Name
NAYAR GROUP INC
Borrower Address
315 CALLE DEL NORTE ST STE 1A
Borrower City
LAREDO
Borrower State
TX
Borrower Zip
78041
Loan Status Date
06/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
50000.00
Current Approval Amount
50000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
44449
Servicing Lender Name
PNC Bank, National Association
Servicing Lender Address
222 Delaware Ave
Servicing Lender City
WILMINGTON
Servicing Lender State
DE
Servicing Lender Zip
19801-1621
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
LAREDO
Project County Name
WEBB
Project State
TX
Project Zip
78041-0001
CD
TX-28
Jobs Reported
14
NAICS Code
722511
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
1000.00
Payroll Proceed
48000.00
Mortgage Interest Proceed
1000.00
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
102000
Originating Lender
First Source FCU
Originating Lender City
NEW HARTFORD
Originating Lender State
NY
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
50498.61
Forgiveness Date
05/06/2021