PPP Loan information for Multani brothers inc

$93,990

Multani brothers inc was initially approved for PPP Loan of amount $93,990, the current approved amount is $93,990. The loan was approved on 03/13/2021 by The Loan Source Incorporated reported 14 jobs and $93,990 was used to fund payroll.

Multani brothers inc is Existing or more than 2 years old

MULTANI BROTHERS INC

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MULTANI BROTHERS INC

Borrower Address

150 Delsea Dr Ste A

Borrower City

Sewell

Borrower State

NJ

Borrower Zip

08080-9478

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93990.00

Current Approval Amount

93990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sewell

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08080-9478

CD

NJ-01

Jobs Reported

14

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93990.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94574.54

Forgiveness Date

11/02/2021

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