PPP Loan information for Patel academy llc

$123,656

Patel academy llc was initially approved for PPP Loan of amount $123,656, the current approved amount is $123,656. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 20 jobs and $123,656 was used to fund payroll.

Patel academy llc is Existing or more than 2 years old

PATEL ACADEMY LLC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PATEL ACADEMY LLC

Borrower Address

6534 OLD WATERLOO RD.

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123656.00

Current Approval Amount

123656.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKRIDGE

Project County Name

HOWARD

Project State

MD

Project Zip

21075-0001

CD

MD-03

Jobs Reported

20

NAICS Code

624410

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123656.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

124577.49

Forgiveness Date

02/03/2021

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