PPP Loan information for Prapela inc

$26,998

Prapela inc was initially approved for PPP Loan of amount $26,998, the current approved amount is $26,998. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 2 jobs and $26,998 was used to fund payroll.

Prapela inc is New Business or 2 years or less

PRAPELA INC

Date Approved

05/01/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PRAPELA INC

Borrower Address

2 MAIN ST STE 15-219

Borrower City

BIDDEFORD

Borrower State

ME

Borrower Zip

04005-2078

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26998.00

Current Approval Amount

26998.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BIDDEFORD

Project County Name

YORK

Project State

ME

Project Zip

04005-2078

CD

ME-01

Jobs Reported

2

NAICS Code

621999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26998.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27117.83

Forgiveness Date

10/14/2020

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