PPP Loan information for Palayekar companies inc

$973,337

Palayekar companies inc was initially approved for PPP Loan of amount $973,337, the current approved amount is $973,337. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 52 jobs and $973,337 was used to fund payroll.

Palayekar companies inc is New Business or 2 years or less

PPP Loan Search / NJ / CRANBURY / Palayekar companies inc

PALAYEKAR COMPANIES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PALAYEKAR COMPANIES INC

Borrower Address

1249 S RIVER RD STE 209

Borrower City

CRANBURY

Borrower State

NJ

Borrower Zip

08512-3646

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

973337.00

Current Approval Amount

973337.00

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

N

Business Age Description

New Business or 2 years or less

Project City

CRANBURY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08512-3646

CD

NJ-12

Jobs Reported

52

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

973337.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

981577.03

Forgiveness Date

03/11/2021

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