PPP Loan information for Basil llc

$248,821

Basil llc was initially approved for PPP Loan of amount $253,091, the current approved amount is $248,821. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 38 jobs and $248,821 was used to fund payroll.

Basil llc is Existing or more than 2 years old

BASIL LLC

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BASIL LLC

Borrower Address

270 KINGSTON AVE

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11213-3401

Loan Status Date

11/18/2022

Loan Status

Charged Off

Term

27

SBA Guaranty Percentage

100

Initial Approval Amount

253091.00

Current Approval Amount

248821.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11213-3401

CD

NY-09

Jobs Reported

38

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248821.00

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

Limited Liability Company(LLC)

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

118972.72

Forgiveness Date

05/26/2022

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