PPP Loan information for Bassam kofahi

$32,500

Bassam kofahi was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 03/26/2021 by The Reading Co-Operative Bank reported 6 jobs and $32,500 was used to fund payroll.

Bassam kofahi is Existing or more than 2 years old

BASSAM KOFAHI

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BASSAM KOFAHI

Borrower Address

749 Main St

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867-2622

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-2622

CD

MA-06

Jobs Reported

6

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

32499.00

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

Sole Proprietorship

Originating Lender Location Id

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32711.25

Forgiveness Date

11/17/2021

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