PPP Loan information for Paek enterprises inc

$78,420

Paek enterprises inc was initially approved for PPP Loan of amount $68,975, the current approved amount is $78,420. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 19 jobs and $78,420 was used to fund payroll.

Paek enterprises inc is New Business or 2 years or less

PAEK ENTERPRISES INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PAEK ENTERPRISES INC

Borrower Address

10252 LAKE ARBOR WAY

Borrower City

MITCHELLVILLE

Borrower State

MD

Borrower Zip

20721-3113

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68975.00

Current Approval Amount

78420.00

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

MITCHELLVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20721-3113

CD

MD-05

Jobs Reported

19

NAICS Code

541618

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78420.00

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

78924.90

Forgiveness Date

01/20/2021

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