PPP Loan information for Prasad inc.

$28,000

Prasad inc. was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 05/01/2020 by The Renasant Bank reported 10 jobs and $28,000 was used to fund payroll.

Prasad inc. is Existing or more than 2 years old

PRASAD INC.

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRASAD INC.

Borrower Address

1323 BELL ROAD

Borrower City

ANTIOCH

Borrower State

TN

Borrower Zip

37013

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANTIOCH

Project County Name

DAVIDSON

Project State

TN

Project Zip

37013-0001

CD

TN-05

Jobs Reported

10

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28000.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28313.44

Forgiveness Date

06/22/2021

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