PPP Loan information for Nikhil, inc

$20,100

Nikhil, inc was initially approved for PPP Loan of amount $20,100, the current approved amount is $20,100. The loan was approved on 04/14/2020 by The Merchants & Planters Bank reported 7 jobs and $20,100 was used to fund payroll.

Nikhil, inc is Existing or more than 2 years old

NIKHIL, INC

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NIKHIL, INC

Borrower Address

2203 MAIN ST

Borrower City

BRINKLEY

Borrower State

AR

Borrower Zip

72021-6909

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20100.00

Current Approval Amount

20100.00

Undisbursed Amount

0.00

Franchise Name

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

N

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

2513.00

Payroll Proceed

15075.00

Mortgage Interest Proceed

0.00

Rent Proceed

2512.00

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

13182.91

Forgiveness Date

12/09/2020

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