PPP Loan information for Olabi management inc

$20,939

Olabi management inc was initially approved for PPP Loan of amount $20,939, the current approved amount is $20,939. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $20,939 was used to fund payroll.

Olabi management inc is Existing or more than 2 years old

PPP Loan Search / CT / FARMINGTON / Olabi management inc

OLABI MANAGEMENT INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

OLABI MANAGEMENT INC

Borrower Address

6 COLT HWY

Borrower City

FARMINGTON

Borrower State

CT

Borrower Zip

06032-2831

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20939.00

Current Approval Amount

20939.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-2831

CD

CT-05

Jobs Reported

4

NAICS Code

447110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20939.00

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

21251.65

Forgiveness Date

11/04/2021

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