PPP Loan information for Nala industries inc.

$31,840

Nala industries inc. was initially approved for PPP Loan of amount $31,840, the current approved amount is $31,840. The loan was approved on 02/24/2021 by The MutualOne Bank reported 3 jobs and $31,840 was used to fund payroll.

Nala industries inc. is Existing or more than 2 years old

NALA INDUSTRIES INC.

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NALA INDUSTRIES INC.

Borrower Address

11 Walker Dr

Borrower City

Upton

Borrower State

MA

Borrower Zip

01568-1354

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31840.00

Current Approval Amount

31840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upton

Project County Name

WORCESTER

Project State

MA

Project Zip

01568-1354

CD

MA-02

Jobs Reported

3

NAICS Code

814110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31834.00

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

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32133.97

Forgiveness Date

02/10/2022

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