PPP Loan information for Axar pharmaceuticals inc

$319,290

Axar pharmaceuticals inc was initially approved for PPP Loan of amount $319,290, the current approved amount is $319,290. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 23 jobs and $319,290 was used to fund payroll.

Axar pharmaceuticals inc is New Business or 2 years or less

PPP Loan Search / CA / CORONA / Axar pharmaceuticals inc

AXAR PHARMACEUTICALS INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

AXAR PHARMACEUTICALS INC

Borrower Address

1672 RAILROAD ST

Borrower City

CORONA

Borrower State

CA

Borrower Zip

92880-2502

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319290.00

Current Approval Amount

319290.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CORONA

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92880-0700

CD

CA-41

Jobs Reported

23

NAICS Code

325412

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

319290.00

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

321748.10

Forgiveness Date

02/10/2021

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