PPP Loan information for Barakat industries, inc.

$89,625

Barakat industries, inc. was initially approved for PPP Loan of amount $89,625, the current approved amount is $89,625. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $89,625 was used to fund payroll.

Barakat industries, inc. is New Business or 2 years or less

BARAKAT INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

BARAKAT INDUSTRIES, INC.

Borrower Address

561 FOXHALL RD

Borrower City

HENDERSON

Borrower State

NV

Borrower Zip

89002-9728

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89625.00

Current Approval Amount

89625.00

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

New Business or 2 years or less

Project City

HENDERSON

Project County Name

CLARK

Project State

NV

Project Zip

89002-9728

CD

NV-01

Jobs Reported

15

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89625.00

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

90177.48

Forgiveness Date

12/16/2020

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