PPP Loan information for Nikhil inc

$23,800

Nikhil inc was initially approved for PPP Loan of amount $23,800, the current approved amount is $23,800. The loan was approved on 03/20/2021 by The Merchants & Planters Bank reported 7 jobs and $23,800 was used to fund payroll.

Nikhil inc is Existing or more than 2 years old

PPP Loan Search / AR / Brinkley / Nikhil inc

NIKHIL INC

Date Approved

03/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

NIKHIL INC

Borrower Address

2203 N Main St

Borrower City

Brinkley

Borrower State

AR

Borrower Zip

72021-6909

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23800.00

Current Approval Amount

23800.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brinkley

Project County Name

MONROE

Project State

AR

Project Zip

72021-6909

CD

AR-01

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23800.00

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

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23933.02

Forgiveness Date

10/22/2021

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