PPP Loan information for Darchai menachem inc

$321,885

Darchai menachem inc was initially approved for PPP Loan of amount $321,885, the current approved amount is $321,885. The loan was approved on 02/05/2021 by The Cathay Bank reported 42 jobs and $321,885 was used to fund payroll.

Darchai menachem inc is Existing or more than 2 years old

DARCHAI MENACHEM INC

Date Approved

02/05/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

DARCHAI MENACHEM INC

Borrower Address

432 Rutland Rd

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11203-1504

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321885.00

Current Approval Amount

321885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

Y

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

11203-1504

CD

NY-09

Jobs Reported

42

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

321885.00

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

Non-Profit Organization

Originating Lender Location Id

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

326461.94

Forgiveness Date

07/14/2022

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