PPP Loan information for Patel bros, corporation

$83,400

Patel bros, corporation was initially approved for PPP Loan of amount $83,400, the current approved amount is $83,400. The loan was approved on 04/27/2020 by The New Valley Bank & Trust reported 11 jobs and $83,400 was used to fund payroll.

Patel bros, corporation is Existing or more than 2 years old

PPP Loan Search / MA / WEST SPRINGFIELD / Patel bros, corporation

PATEL BROS, CORPORATION

Date Approved

04/27/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

PATEL BROS, CORPORATION

Borrower Address

429 RIVERDALE ST

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-4625

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83400.00

Current Approval Amount

83400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-4625

CD

MA-01

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83400.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73850.45

Forgiveness Date

12/16/2020

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