PPP Loan information for Patel and associates plc

$79,351

Patel and associates plc was initially approved for PPP Loan of amount $79,351, the current approved amount is $79,351. The loan was approved on 04/11/2020 by The Oxford Bank reported 5 jobs and $79,351 was used to fund payroll.

Patel and associates plc is Existing or more than 2 years old

PPP Loan Search / MI / BINGHAM FARMS / Patel and associates plc

PATEL AND ASSOCIATES PLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PATEL AND ASSOCIATES PLC

Borrower Address

30200 TELEGRAPH RD Suite 206

Borrower City

BINGHAM FARMS

Borrower State

MI

Borrower Zip

48025-4500

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79351.16

Current Approval Amount

79351.16

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BINGHAM FARMS

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-4500

CD

MI-12

Jobs Reported

5

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79351.16

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79963.93

Forgiveness Date

01/27/2021

;