PPP Loan information for Laxmi donuts inc.

$176,014

Laxmi donuts inc. was initially approved for PPP Loan of amount $176,014, the current approved amount is $176,014. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 12 jobs and $176,014 was used to fund payroll.

Laxmi donuts inc. is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Laxmi donuts inc.

LAXMI DONUTS INC.

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LAXMI DONUTS INC.

Borrower Address

24 Hilgert Ave

Borrower City

Reading

Borrower State

PA

Borrower Zip

19607-2320

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176013.75

Current Approval Amount

176013.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

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

BERKS

Project State

PA

Project Zip

19607-2320

CD

PA-06

Jobs Reported

12

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22001.72

Payroll Proceed

132010.31

Mortgage Interest Proceed

0.00

Rent Proceed

22001.72

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177001.38

Forgiveness Date

11/12/2020

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