PPP Loan information for Asaram inc

$49,000

Asaram inc was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 04/30/2020 by The Regions Bank reported 14 jobs and $49,000 was used to fund payroll.

Asaram inc is Existing or more than 2 years old

ASARAM INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ASARAM INC

Borrower Address

2441 South McKenzie Street

Borrower City

Foley

Borrower State

AL

Borrower Zip

36535

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Foley

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-0001

CD

AL-01

Jobs Reported

14

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49481.95

Forgiveness Date

04/29/2021

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