PPP Loan information for Narayan grocers inc

$16,500

Narayan grocers inc was initially approved for PPP Loan of amount $16,500, the current approved amount is $16,500. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $16,500 was used to fund payroll.

Narayan grocers inc is New Business or 2 years or less

NARAYAN GROCERS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NARAYAN GROCERS INC

Borrower Address

37196 DEQUINDRE RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48310-3536

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16500.00

Current Approval Amount

16500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48310-3536

CD

MI-10

Jobs Reported

4

NAICS Code

445110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16500.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16635.16

Forgiveness Date

02/25/2021

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