PPP Loan information for Makalu inc

$37,500

Makalu inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/28/2020 by The Citizens Bank, National Association reported 7 jobs and $37,500 was used to fund payroll.

Makalu inc is Existing or more than 2 years old

PPP Loan Search / MA / SOMERVILLE / Makalu inc

MAKALU INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAKALU INC

Borrower Address

588 Somerville Ave

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143-3217

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-3217

CD

MA-07

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37500.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37920.21

Forgiveness Date

06/15/2021

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