PPP Loan information for Kanchan enterprises inc

$117,600

Kanchan enterprises inc was initially approved for PPP Loan of amount $117,600, the current approved amount is $117,600. The loan was approved on 04/12/2020 by The Independent Bank reported 37 jobs and $117,600 was used to fund payroll.

Kanchan enterprises inc is Existing or more than 2 years old

KANCHAN ENTERPRISES INC

Date Approved

04/12/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

KANCHAN ENTERPRISES INC

Borrower Address

832 W Spring Creek Pkwy

Borrower City

Plano

Borrower State

TX

Borrower Zip

75023-4600

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117600.00

Current Approval Amount

117600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plano

Project County Name

COLLIN

Project State

TX

Project Zip

75023-4600

CD

TX-04

Jobs Reported

37

NAICS Code

445110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94928.00

Mortgage Interest Proceed

0.00

Rent Proceed

22672.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118874.00

Forgiveness Date

05/19/2021

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