PPP Loan information for Bak international trade inc

$39,890

Bak international trade inc was initially approved for PPP Loan of amount $39,890, the current approved amount is $39,890. The loan was approved on 01/16/2021 by The Cathay Bank reported 4 jobs and $39,890 was used to fund payroll.

Bak international trade inc is Existing or more than 2 years old

BAK INTERNATIONAL TRADE INC

Date Approved

01/16/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

BAK INTERNATIONAL TRADE INC

Borrower Address

2301 Borden Ave

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-4517

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39890.00

Current Approval Amount

39890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-4517

CD

NY-07

Jobs Reported

4

NAICS Code

424460

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39886.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40159.94

Forgiveness Date

10/04/2021

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