PPP Loan information for Basar enterprises inc

$866,610

Basar enterprises inc was initially approved for PPP Loan of amount $866,610, the current approved amount is $866,610. The loan was approved on 06/16/2020 by The U.S. Bank, National Association reported 62 jobs and $866,610 was used to fund payroll.

Basar enterprises inc is Existing or more than 2 years old

PPP Loan Search / CA / GLENDALE / Basar enterprises inc

BASAR ENTERPRISES INC

Date Approved

06/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

BASAR ENTERPRISES INC

Borrower Address

501 CENTRAL AVE S

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91204

Loan Status Date

01/15/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

866610.00

Current Approval Amount

866610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91204-1000

CD

CA-30

Jobs Reported

62

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

866610.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;