PPP Loan information for Simran inc

$55,892

Simran inc was initially approved for PPP Loan of amount $55,892, the current approved amount is $55,892. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $55,892 was used to fund payroll.

Simran inc is New Business or 2 years or less

PPP Loan Search / MD / GERMANTOWN / Simran inc

SIMRAN INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SIMRAN INC

Borrower Address

19743 FREDERICK RD

Borrower City

GERMANTOWN

Borrower State

MD

Borrower Zip

20876-1337

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55892.00

Current Approval Amount

55892.00

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

GERMANTOWN

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20876-1337

CD

MD-06

Jobs Reported

10

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55892.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56392.73

Forgiveness Date

03/25/2021

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