PPP Loan information for Commonwealth india inc

$83,555

Commonwealth india inc was initially approved for PPP Loan of amount $83,555, the current approved amount is $83,555. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 16 jobs and $83,555 was used to fund payroll.

Commonwealth india inc is New Business or 2 years or less

COMMONWEALTH INDIA INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COMMONWEALTH INDIA INC

Borrower Address

11610 OLD GEORGETOWN ROAD

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83555.00

Current Approval Amount

83555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1000

CD

MD-08

Jobs Reported

16

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

52555.00

Mortgage Interest Proceed

10500.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84546.21

Forgiveness Date

06/30/2021

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