PPP Loan information for Naik investments inc

$118,800

Naik investments inc was initially approved for PPP Loan of amount $118,800, the current approved amount is $118,800. The loan was approved on 04/06/2020 by The The Bancorp Bank National Association reported 27 jobs and $118,800 was used to fund payroll.

Naik investments inc is Existing or more than 2 years old

PPP Loan Search / NC / Cary / Naik investments inc

NAIK INVESTMENTS INC

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NAIK INVESTMENTS INC

Borrower Address

350 Ashville Ave

Borrower City

Cary

Borrower State

NC

Borrower Zip

27518-6620

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118800.00

Current Approval Amount

118800.00

Undisbursed Amount

0.00

Franchise Name

Comfort Suites by Choice Hotels

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27518-6620

CD

NC-13

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118800.00

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

Corporation

Originating Lender Location Id

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119585.40

Forgiveness Date

12/09/2020

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